Posted On: 12/19/2014 8:30:45 PM
Post# of 43065
Well, I can't say I'm surprised that some longs are voicing discontent. The company keeps announcing progress but the target keeps bouncing around.
Last year at this time processor #2 was running and processor #3 was almost up in full production after investors waited for literally years. The company once again was at an inflection point last year...then 'boom' six months after the fact investors were told the plant broke...and then told the plant was fixed...and then told production was dropped as a business plan and today nobody is sure of the state of the plant.
Just like 2010 when investors were told commercial production had commenced with 115 bbls/day being produced and clearing $90/bbl...and investors were left to believe that until Nov 2011 when they were told the plan changed right after that to 'tinkerfarking' to improve throughput.
Then again production was halt to experiment with heat transfer fluid. Etc...etc...
Obviously we're at odds with me believing PTOI is a penny stock scam and you believing that Mr. Bordynuik and Mr. Heddle just need more time. You can preach patience to the investors who have been waiting for almost six years without any results but you have to understand that some of them will be a little frustrated with the constant delays and excuses.
Last year at this time processor #2 was running and processor #3 was almost up in full production after investors waited for literally years. The company once again was at an inflection point last year...then 'boom' six months after the fact investors were told the plant broke...and then told the plant was fixed...and then told production was dropped as a business plan and today nobody is sure of the state of the plant.
Just like 2010 when investors were told commercial production had commenced with 115 bbls/day being produced and clearing $90/bbl...and investors were left to believe that until Nov 2011 when they were told the plan changed right after that to 'tinkerfarking' to improve throughput.
Then again production was halt to experiment with heat transfer fluid. Etc...etc...
Obviously we're at odds with me believing PTOI is a penny stock scam and you believing that Mr. Bordynuik and Mr. Heddle just need more time. You can preach patience to the investors who have been waiting for almost six years without any results but you have to understand that some of them will be a little frustrated with the constant delays and excuses.
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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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