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loanranger

12/17/20 4:52 PM

#308202 RE: agribusiness72 #308198

"It hit the financials where it states they no longer sell processors."

That assertion just wasted 10 minutes of the life of a senior citizen. The financials don't say that they no longer sell processors. Seems they think that they do.

"We no longer produce and market fuel for sale and no longer manufacture processors ourselves, instead we rely on third party manufactures."


Obviously they NEVER were paid for and never delivered a processor, but nothing in the financials suggests that they don't intend to continue pretending that they will:

"Under our current business model, we seek to license our technology to companies that generate significant waste
plastics and desire to have a P2O processor on site to convert the plastics to useable fuel for their operations. We charge the company for the P2O equipment, a royalty fee based on the amount of fuel generated, a license fee for the use of our proprietary catalyst, and a set up and service fee."

Give an old man a break!