Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Plastic2Oil, Inc. PTOI
Posted On: 03/19/2014 3:05:23 PM
Post# of 43066
Avatar
Posted By: PaperProphet
Re: yuggibeht #6545
I'm very certain that $8 - $9M figure came straight from Mr. Bordynuik's posterior.  It's a number which if ever occurred would keep the company solvent.  It also plants a binary outcome in the minds of shareholders.  They can now convince themselves it's at least 50/50 and optimistically convince themselves that a $9M sale has a high probability.

In reality, if JBI couldn't squeeze a dime out of anything after trying for five years, it might be hard to convince someone to pony up $9 million to take their own shot.  In reality, the only difference between running a processor at JBI and a customer running one is the cost of transportation of the feedstock, assuming a customer produces waste on site which actually gets turned into something more valuable in the processor.  Since it costs about $25 to move a ton of anything all the way across the U.S., those transportation costs aren't high enough to make a difference.

JBI could just as well pay a nominal fee to haul waste from one of these customer targets to JBI's facilities but they can't make it work.  A customer won't fare any better with JBI's processor.













(0)
(0)






Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.



  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site