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Rawnoc

04/21/11 12:43 PM

#102814 RE: Justice37 #102813

"Study history." Add JBII to this list.

"Drill for oil? You mean drill into the ground to try and find oil? You're crazy." --Drillers who Edwin L. Drake tried to enlist to his project to drill for oil in 1859.

"If I had thought about it, I wouldn't have done the experiment. The literature was full of examples that said you can't do this." --Spencer Silver on the work that led to the unique adhesives for 3-M "Post-It" Notepads.

"Heavier-than-air flying machines are impossible." --Lord Kelvin, president, Royal Society, 1895.

"Louis Pasteur's theory of germs is ridiculous fiction". --Pierre Pachet, Professor of Physiology at Toulouse, 1872.

"Professor Goddard does not know the relation between action and reaction and the need to have something better than a vacuum against which to react. He seems to lack the basic knowledge ladled out daily in high schools." -- 1921 New York Times editorial about Robert Goddard's revolutionary rocket work.

"Sensible and responsible women do not want to vote." --Grover Cleveland, U.S. President, 1905.

"Computers in the future may weigh no more than 1.5 tons." --Popular Mechanics, forecasting the relentless march of science,1949

"I think there is a world market for maybe five computers." --Thomas Watson, chairman of IBM, 1943

"I have traveled the length and breadth of this country and talked with the best people, and I can assure you that data processing is a fad that won't last out the year." --The editor in charge of business books for Prentice Hall, 1957

"But what ... is it good for?" --Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip.

"There is no reason anyone would want a computer in their home." --Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977

"This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us." -- Western Union internal memo, 1876.

"The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?" --David Sarnoff's associates in response to his urgings for investment in the radio in the 1920s.

"The concept is interesting and well-formed, but in order to earn better than a 'C,' the idea must be feasible." --A Yale University management professor in response to Fred Smith's paper proposing reliable overnight delivery service. (Smith went on to found Federal Express Corp.)

"Who the hell wants to hear actors talk?" --H.M. Warner, Warner Brothers, 1927.

"I'm just glad it'll be Clark Gable who's falling on his face and not Gary Cooper." --Gary Cooper on his decision not to take the leading role in "Gone With The Wind."

"A cookie store is a bad idea. Besides, the market research
reports say America likes crispy cookies, not soft and chewy cookies like you make." --Response to Debbi Fields' idea of starting Mrs. Fields' Cookies.

"We don't like their sound, and guitar music is on the way out." --Decca Recording Co. rejecting the Beatles, 1962.

"So we went to Atari and said, 'Hey, we've got this amazing thing, even built with some of your parts, and what do you think about funding us? Or we' ll give it to you. We just want to do it. Pay our salary, we'll come work for you.' And they said, 'No.' So then we went to Hewlett-Packard, and they said, 'Hey, we don't need you. You haven't got through college yet.'" -- Apple Computer Inc. founder Steve Jobs on attempts to get Atari and H-P interested in his and Steve Wozniak's personal computer.

"You want to have consistent and uniform muscle development across all of your muscles? It can't be done. It's just a fact of life. You just have to accept inconsistent muscle development as an unalterable condition of weight training." --Response to Arthur Jones, who solved the "unsolvable" problem by inventing Nautilus.

"Stocks have reached what looks like a permanently high plateau." --Irving Fisher, Professor of Economics, Yale University, 1929.

"Airplanes are interesting toys but of no military value." --Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre.

"Everything that can be invented has been invented." --Charles H. Duell, Commissioner, U.S. Office of Patents, 1899.

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jimmenknee

04/21/11 8:29 PM

#103011 RE: Justice37 #102813

Of course I can provide proof to back up my claims (in addition to refute the "no/lack of interest" claims). Again willing to do a comparison that's fair...

(Suggestion: stop confusing Agri-Plas with Agilyx)

The 2nd part to this, is the differences in funding. The postings of the ease and significance of JBI funding appear easily forgotten while simultaneously denying the VC attraction and funding of a competitor :-(

"In speaking with various investment funds and high net worth individuals, the Company (JBI) expects that once an air permit is obtained, raising significant amounts of capital for the purpose of building P2O sites will be a relatively straightforward process, however there can be no guarantee. In the event that cash is needed in the interim, JBI Inc. is positioned favorably for small debt and equity issuances." #msg-56827968

Agilyx funding:

"In addition, the round included participation from previous venture capital investors; Vancouver, British Columbia-based Chrysalix Energy Venture Capital, London-based Saffron Hill Ventures and Portland-based Reference Capital, which each contributed to a $4.25 million Series A round in April 2009."

http://www.sustainablebusinessoregon.com/articles/2011/03/agilyx-lands-22m-from-investors-led.html

"Represented Agilyx Corporation in its $4.25 Million Series A preferred stock financing led by Chrysalix Energy Ventures and Saffron Hill Ventures (Apr. 2009)."

http://www.stoel.com/showbio.aspx?Show=529

"Agilyx, most recently located in Kelso, Wash., launched in 2004. Since then, its popularity within sustainability and environmental circles has grown. In 2008, the Portland Business Journal ranked it among the top 10 businesses in terms of attracting venture capital, the only alternative energy company to make the list. The company's capital investment now tops $7.5 million, multiplying six-fold in the last two years. Most recently, the company won the "Cool Product of the Year" award at TechAmerica's Oregon Technology Awards ceremony in early May."

http://www.youtube.com/user/Agilyx

"Tigard, Ore.-based Agilyx Corp., formerly known as Plas2Fuel Corp., has raised approximately $8.5 million to date and is currently seeking Series B funding of up to $10 million."

http://blog.cleantech.com/sector-insights/waste/waste-to-fuel-firm-addressing-massive-market-opportunity/