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Speculators Baytown visit
Speculator's questions and answers from the Baytown visit posted from USSE/SSTPproboards:
Ok all here is what Spec got from Baytown during his trip. I did not make a new thread for it only because I want to keep the conversation here.
1.) Source of reactors material?
At present time the reactors are made from off the shelf (standard) parts, and custom made chromemoly steel reactor tubes. A custom welding fabricator builds the tubes for SSTP.
2.) SSTP timeframe to get of the pinksheets?
Actually, SSTP President and CEO Mr. Richard Cutler approached me about this question. He stated that there will be news about SSTP Financials in several weeks, then their will be an application, followed by a waiting period. I asked if the news about the Financials will be made public? He said "Yes, definitely"
3.) Any plans for SSTP to lobby congress for bio-fuels tax credits?
There are already Tax Credits, Green Laws, and Green Fuels Laws that are available and we intend to utilize.
4.) When will we see substantial production and sales?
From talking to Mr. Rivera, John stated that production will commence at full capacity, when the optimal feedstock is determined, and all production issues are settled. To do so before then would be unwise and a mistake. For example, the company just recently implemented $500,000 in engineering improvements.
5.) USSE PR's. What is USSE's role?
Management has no plans for any changes to the USSE/SSTP relationship in the near future. Mr. Rivera does state that he has a plan for USSE.
6.) Current, active USSE/SSTP partners?
I do not have a good response to this question other than recent Press Releases. We do know that Pemco was just recently in Baytown, L.Sole is their this week. If you are inquiring about Borneo, unofficially, I have heard that Borneo had a problem coming up with the funding, they are not an active partner at the moment, but are not entirely out of the picture yet.
7.) Shareholder Open House?
In the future USSE/SSTP intends to have a shareholder open house, or guided tour and demo. However, these will be on a more limited basis, and probably by an invitation.
8.) Any future advertisement?
We do not have any plans for large scale advertisement, as this will not serve the needs of the companies.
9.) ERCOT application approval?
I personally, talked with Jim Armstrong from New York on this exact question. He is the person that is actually handling all the aspects of the application. He seems very knowledgeable and competent in this area.
When I point blank asked him about the status of the application, he said "I do not want to get into that at this time"
Earlier from Spec:
[b]WHY PELLET FORM/B]
Why have they decided on the pellet form of feedstock? Well there are probably Logistic reasons, but the real reason is because pellet form is the ideal form for the reactors.
Several of the employees in the plant explained this to me. The Rivera Process is not a process of combustion, but it is a chemical reaction. To optimize results, they need a slow steady burning feedstock. Ideally, one that burns about the same at the end as at the beginning of the process.
For example, if you slightly and loosely crumple up a piece of newspaper and run through the reactor, it will burn greatly at the start, but will be done burning before it reaches the end of the reactor. You will get poor results. Instead, tightly roll the paper into a round ball and compact tightly. The burn will be more slowly, but it will burn more the same from beginning to end of the reactor.
The pellets are processed. Their process even removes a majority of the water content. Their final product is a pellet that is similar in shape to a about a 3 inch hot dog.
Also from papazerep USSE/SSTPproboards:
Re: USSE/SSTP
« Reply #904 Today at 5:43pm »
Barrettjett, Jerry Ketterer, some of the SSTP staff, the L Sole Engineer and I went to the TPS plant at noon WednesdayOct. 08-08 to witness the historic demo using the biocrude derived from the white MSW. The biocrude obtained from the reactor was used directly without processing into Diesel. The electric generator run almost an hour and a half and according to the guys who were documenting the results, all the numbers exceeded expectations. Jerry Ketterer mentioned a number to his associate 450 for regular diesel and the biocrude obtained from the white MSW was over 550. When we went back to the SSTP office Mr.Ketterer was very
ecstatic about the the result of the Demonstration. Before Barrettjett and I left we saw the result of the of the gray MSW which was processed through the mini reactor. This seem not as exciting as the white MSW. I bade goodbye to JR, MR. Cutler, Jerry Ketterer, Scott Hoer huddled
in the SSTP office.
I met Spec before he went home about 10:00 A.M. Barrettjett and I left almost at the same time,
he flying to Tyler, TX and me driving to Fort Worth.
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Speculator and Papazerep, thanks for sharing your information of the USSE/SSTP Baytown visit with fellow investors.
Regards,
thecrystalball23
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