Orbite Technologies Inc EORBF

For the Retail Investor it's over For Now

[ORTNEWBIE]

We are now over three and a half months past the last timeline that Orbite promised that we will be in full production at the end of September 2016. That is after missing so many solidly promised imminent timelines over the past few years. Right now financings and further completion delays will increase the dilution and debt considerably resulting in a forced reverse split. Orbite will have to pour tons more money into completing the front end which will have to separate the precious byproducts from the polluted red mud and fly ash pollutants. The separation process from the front end has nothing to do with the process in the back end which is a totally different and concentrates on refining processed alumina onto HPA. So proving the back end is NOT a validation for the front end. If it takes so many years to complete the back end which only refines processed alumina to turn into HPA, It will take years longer to separate from pollutant red mud and fly ash valuable by products which may include gold. The costs will be astronomical adding to dept and dilution even more dramatically. For Science and a cleaner planet Orbite's total success in about 5 -15 years may be good for science but for investors all you will get is is a cozy feeling that you have invested in a product that will give you no return but a good cozy feeling you have done something to reduce global warming on this earth. Good luck