Friday, November 5, 2010

GWMAN challenges skeptic's quote



Skeptic's quote:
If Mr. Bordynuik has any basis for believing that anyone will buy the liquid, he should be announcing it early and often--it would help his credibility and help his shareholders. Sales are a big deal. If he hasn't announced any, it's a good indication that he doesn't have any lined up.

Sorry Paper, you are completely wrong on this. There are lots of things companies do not talk publicly about as part of business strategy. And in my opinion, who the company is lining up as customers is easily one of them. And to be clear, look at the business journal article about the recycling center in NY looking to buy Agilyx equipment. Why should JB feel any pressure to make such an announcement as far as who he is selling to before he even has anything to sell? Why would JBI tip off potential competition as far as types of customers they are pursuing?

To be honest, I would consider it stupid to make such announcements regarding plastic supplies or customers prematurely. Those announcements will be made, but only when all the ducks are in a row and the company is ready to move forward commercially at full speed.

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