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Plastic2Oil, Inc. PTOI
Posted On: 06/19/2014 2:24:19 PM
Post# of 43066
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Posted By: yuggibeht
Re: Goord #9637
The best advice is when in doubt, wait until the dust settles. There are issues that are playing themselves out.
- JBI has financial issues... that is enough to wait
- JBI is not producing fuel. Why?
- JBI has not been able to show that it can produce fuel profitably enough to keep itself fin business, let alone a potential buyer.
- JBI has had huge SG&A for no apparent reason and this is as of yet unexplained.
- Whatever we know now is 2 quarters ago. Now the situation is much worse.













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