http://jimbowery.blogspot.com/2014/05/greenhouses-are-not-next-green.html
On Sat, Aug 16, 2014 at 9:22 PM, Jojo Iznart <[email protected]> wrote: > James, Please elaborate on this technology. If it is enormously > profitable as you claim, I might be able to integrate this with my wave > power to produce food. We need cheap food here in the Philippines to feed > an exponentially growing population. > > > Jojo > > > > ----- Original Message ----- > *From:* James Bowery <[email protected]> > *To:* Analog Fan <[email protected]> > *Cc:* [email protected] > *Sent:* Sunday, August 17, 2014 3:34 AM > *Subject:* Re: [Vo]:BLP picks up another 11 M from investors > > As far as I can see there is nothing _but_ dumb money out there. Let me > define what I mean: > > I know of at least one technology that has, since 2009, been waiting on > nothing more than about $10M dollars to reduce civilization's ecological > footprint by at least a factor of 2 while increasing protein production to > the point that, even passing through multiple trophic layers in the > agricultural foodchain to high value meat and fish, would provide a diet so > rich the problem wouldn't be malnutrition but gout. > > When I say "waiting on" I mean it is demonstrated and the production line > to manufacture it is already specified. > > Oh, I guess I failed to point out that what I mean by "demonstrated" is > that its economics are not just profitable, they are _enormously_ > profitable. > > > On Sat, Aug 16, 2014 at 1:47 PM, Analog Fan <[email protected]> wrote: > >> On Thursday, August 14, 2014 6:43 PM, Jojo Iznart < >> [email protected]> wrote: >> >> >> >> >Why would you assume that the investors would have done lousy due >> diligence? >> >> I never assume lousy due diligence. But it is fair to wonder how much >> diligence they did do. >> >> It's indisputable that there is 'dumb money' out there - the history of >> poor due diligence on investments is legendary. I've seen a ~$90 million >> dollar investment fund up close, and you would be surprised at the lack of >> due diligence. I was surprised when the SEC stepped in to reveal the fund >> was a house of cards. >> >> >Why is it that we always believe that we understand more than the >> investors >> >who would have been up close and personal with the people and scientists >> at >> >BLP and have seen the technologies and prototypes more closely? >> >> You may as well ask why people do inexplicable things? It's clear that >> Mills has personal charisma and is able to raise money, and that is >> impressive. But in my opinion any sort of scientific or business results >> look to be extremely unlikely at this stage. Mills has raised and spent a >> lot of money, that's for sure. >> >> The details do not add up to me - for example, why on earth does a >> company involved in speculative research spend millions to buy a fifty >> thousand square foot building in New Jersey, when their team could fit in a >> smaller leased lab? >> >> 493 EDINBURG RD, East Windsor Township owned by BLACKLIGHT REAL ESTATE >> C/O R.MILLS - NJParcels.com New Jersey Property Data >> <http://njparcels.com/property/1101/5/3> >> >> >> >Let's give BLP some time and credit shall we? >> >> Surely you jest? As I pointed out, they've had 22 years, and yet it is >> they that keep shifting the goalposts. All of this skepticism would cease >> if they had a working product. >> >> AF >> >> >> 493 EDINBURG RD, East Windsor Township owned by BLACKLIGHT REAL >> ESTATE C/O R.MILLS... <http://njparcels.com/property/1101/5/3> >> Information regarding Block 5, Lot 3 (493 EDINBURG RD), owned by >> BLACKLIGHT REAL ESTATE C/O R.MILLS in East Windsor Township. >> View on njparcels.com <http://njparcels.com/property/1101/5/3> >> Preview by Yahoo >> >> > >
