International Bio Recovery Corporation V.IBR

Just for grins, Spaceboy,

[whiteguy]

How much organic fertilzer is being produced at the plant in North Van? I believe that the GVRD area has sufficient waste that needs to be converted. I also believe that the fertilizer can be sold. So, why aren't the producing enough fertilizer at the North Van plant to make themselves cash flow positive. Now, try this one. I'll sell you the rights to manufacture square wheels. That doesn't mean they are any good.

[spacespot501]

If ECAP decided to licence IBR's technology and pitch it to various state governments, then it would be safe to assume that they did their homework. Thay have, after all, managed to get at least one plant into construction. ECAP is the investment firm that brought Converted Organics into being. My guess is that IBR'S Vancouver plant not cash-flow positive because they are not simply

[kog]

I don't think that people are questioning the viability of the IBR process. Rather, the BIG QUESTION remains as to whether so called management knows what it is doing in regards to increasing share value for investors. Or if that is its "real" goal here.