Posted On: 10/16/2014 8:54:30 PM
Post# of 43065
Re: StockSpock #14889
"Still waiting for the list of all the other P2O technology companies who were recently issued 5 and 10 operating permits in NY state by the NYDEC to convert waste plastic into spec fuel?"
Do PTOI's permits make PTOI profitable?? My understanding is that the permits are so PTOI doesn't exceed environmental limits, not an endorsement that PTOI's version of pyrolysis is any more commercially viable than anyone else's version of pyrolysis.
I understand that getting permits gives investors confidence because investors reason, "Why would PTOI get permits if they weren't serious about making money by running their pyrolysis process??"
PTOI has been unable able to make pyrolysis profitable and told investors they were shifting business plans to selling processors in the hopes that a customer might find a way to make one profitable and buy it. That makes those permits fairly moot.
Do PTOI's permits make PTOI profitable?? My understanding is that the permits are so PTOI doesn't exceed environmental limits, not an endorsement that PTOI's version of pyrolysis is any more commercially viable than anyone else's version of pyrolysis.
I understand that getting permits gives investors confidence because investors reason, "Why would PTOI get permits if they weren't serious about making money by running their pyrolysis process??"
PTOI has been unable able to make pyrolysis profitable and told investors they were shifting business plans to selling processors in the hopes that a customer might find a way to make one profitable and buy it. That makes those permits fairly moot.
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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.
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