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Plastic2Oil, Inc. PTOI
Posted On: 10/25/2014 3:23:33 PM
Post# of 43066
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Posted By: yuggibeht
Re: Faustus #15279
oh I suspect that PP is correct and pyrolysis just isn't profitable, I suspect that many of these companies are scams with unscrupulous CEOs.

But with respect to PTOI, I can't believe that investors would wilingly continue to invest in, DCA, or otherwise support a company that lied to them about the investment prospects. 5 years ago this was propsed as a profitable investment, a sure thing. That is why it went to $7. That, plus likely some market manipulation thrown in by a few retail investors,

At this point PTO has said that no further development wil occur. They have their "flagship". Well, it is not profitable, So that is that, I does not get any better than the last financial statements, which I posted on.

Nothing like what was promised in the SAIC study, which I have posted on as fraudulent. That should make an interesting story some day,

So what is going to change to make PTO pyrolysis profitable? Nothing much,,,













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