Thursday, July 22, 2010

rocketeer357 discusses JBII & its CEO


Yup, JB was a bit too excitable in the past. I hope for our sake he has learned to zip it until he actually has results in hand.

Look, P20 is a new and emerging technology. There's always cash burn up front as processes get tweaked, engineers get paid and discoveries are refined. If he hadn't promised so much, we'd be happy with the current PPS and progress to date. The psychological blow of falling from $7 to $1 certainly creates the aura of "loser" and is the consequence of too much unbridled, unsubstantiated claims by JB himself. By itself, it doesn't mean that the P20 concept is fatally flawed.

So the question here is the same: (and it's not do you trust JB?) It's "do you think P20 will work? Are you happy that the 02 sensors are indeed fixed?" "Will the compressor do the job?" "Are there any other secrets we don't know about yet which indicate a weakness in the process?"

JB was a little less cocky about the stack test in the CC, which is as it should be because if nothing else, he knows by now that he doesn't have all the answers in hand.

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