Thursday, June 3, 2010

"Rawnoc" responds to naysayers' "scam" claims


Yes, I understand why some people are foolishly skeptical. I understand that with lots of huge winners I've had. All of the excuses in the book are great to tell friends and families why they missed out on an obvious huge winner because they didn't trust a former business segment of OxyChem, a $65 billion NYSE company.

Islechem said the process will scale and there's no difference between a 1 ton and 20 ton machine. YOU may think otherwise, but YOU didn't spend 4 months working on it. YOU don't know why they feel that way. Is the 20 ton processor just a longer version of the 1 ton and generates identical heat and processes identical density of plastic just in a longer vent? Is the 20 ton processor really just a chamber of 20 one-ton units? I don't know....do you? Who are we to challenge that they don't know what they're talking about? Are we sure they haven't done anything with the 20 ton processor?

"IsleChem is a Grand Island limited liability company formed in 2001 from a segment of Occidental Chemical Corp.'s business"
http://buffalo.bizjournals.com/buffalo/stories/2006/01/30/daily42.html

"With OxyChem set to close tech center, IsleChem was born:"
http://wichita.bizjournals.com/buffalo/stories/2002/05/06/smallb1.html

IsleChem was the Business of the Year by the local chamber of commerce:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49330924

"Islechem engineers formed islechem by privatizing Occidental Chemical's R&D lab. Their passion is unique: They are concerned that their own kids can't get jobs on Grand Island (or in Niagara for that matter). They've run their tests and allowed us to put their name in a PR as they are happy with the results so far. and don't think for one moment they didn't weren't sceptical at first." ~~John Bordynuik

WS+B has achieved six consecutive passing peer reviews without comment. What this means is that other CPA firms have objectively rated our accounting and auditing work as "high quality" under the guidelines established by The American Institute of Certified Public Accountants. On average, only four out of ten firms receive passing peer reviews without comment even once.

WS+B was ranked 30th among the 40 most prestigious U.S. firms in the 2008 edition of the Vault Guide to the Top Accounting Firms.

Scam? Yeah right. That would be like serial killer hiring a forensic detective with a flawless track record to inspect his home.

Sure seems like the only even half-assed attempt to tackle the Islechem report, which is the #1 reason to invest and the #1 proof that this isn't a scam (yet it's all but ignored in the bear raid), is because there's a RUMOR that Islechem may have invested money into JBII(E) after validating the results?

Ummmmmmm.....

1. Do we have the slightest shred of tangible proof that Islechem invested in JBII?

2. If we do, why is this a negative again? Does Islechem normally invest in risky scam penny stocks?

3. I wish all of my stocks had former business segments from $65 billion NYSE companies feel so confident that they would invest money into them. Some how, some way, I think their "biased" chemical test results are 1000000 times more reliable than anything any of us could punch on a freakin' message board from thousands of miles away from Niagara. If they did invest in JBII, they obviously did so because they believe their results, they are DAMN GOOD at analyzing, and they are going the extra mile by putting their money where their mouth is.

It would be foolish to blindly say "well it's a penny stock therefore it automatically has little chance of success"

That's like saying when you're playing poker that there's 10 people at the table, so your odds of winning the hand are only 10% while completely ignoring that you're holding a full house in your hand.

When you hold a full house, you bet, and you bet big. Only a fool blindly says "odds are pretty low since everybody has a history of only winning 1 out of 10 hands"

You're right. It's a numbers game. And I don't see very many penny stocks getting validated by former business segments of $65 billion NYSE companies. There's risk as there's risk with ANY and all stocks, and it's a risk I'm comfortable taking with some of my money. You won't win at poker every single time you hold a full house, but you will win at least 75% of the time so you need to make your bets when you hold a full house.

JBII(E) is holding a full house. Bet accordingly.

Raw

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