Replies to post #59232 on Zeons Corporation (ZEON)

[ezmony]

I'll let you be the judge: in order to offer fuel for sale it has to be comercially produced, now knowing although this person (CEO) has said repeatedly that sales will be emanate for almost 18 months, yet he has never ever applied for permitting in either venue he has operated. Permitting is an arduous task that is both expensive and time consuming (12-18 months in Texas), so now answer your own question about revenues or the prospects for revenues. Until this guy grows up and joins the real world of mature American industrialists and wants to proceed in a businesslike manner it will remain the brunt of jokes and message board banter. As Mr. Market says on this one, "it ain't even close". LOL

[500_and_Long]

none at all

[PaperProphet]

No. No other sales. That pyrolysis reactor has been sitting at idle capacity for nine years. When Mr. Rivera moved the reactor from Port Gibson to Natchez over a year ago, he introduced the same reactor as the new "FreeUS" reactor and production was to start in January of last year. That month came and went without any explanation about the lack of production. Then production was supposed to start "within a month" and then "within 72 hours" this past summer. Again nothing. Every so often Mr. Rivera riles up shareholders by saying he's just about to throw the switch and start producing and they rush out all excited to buy more shares. Currently production is supposed to start (once again) by May 1st according to Mr. Rivera. You can imagine where that's going. Apparently he needs partners to throw the switch and start producing pyrolysis oil. Of course at every new potential partner announcement the shareholders swoon while the thought that he could produce pyrolysis oil with his current setup at 6,000 gallons per day without any partner never enters their heads.

The problem is that pryolysis oil isn’t very useful. Mr. Rivera can produce it but he's going to have a hard time trying to find someone to buy it. It's just pyrolysis oil--people have known about pyrolysis for centuries but it's generally not very useful so it tends to be forgotten until someone 'rediscovers' that heating up biomass can turn it into a liquid which looks like it might be a useful fuel. The pyrolysis process was actually used a couple of hundred years ago to produce gas for street lamps. After that it found some use in Germany during WWII when gasoline disappeared.

If someone ever does discover a good use for pyrolysis oil, Mr. Rivera will fall to the last in line. It's too easy to do. You can buy pyrolysis reactors online--currently makes for a nice science experiment.