Posted On: 06/29/2015 10:55:26 PM
Post# of 43065
I can answer some of your questions. For the potential customers from Nov 2013, Mr. Heddle said, "Currently, we are in entry level discussions with various companies with regards to potential machine sales."
http://seekingalpha.com/article/1834452-jbis-...art=single
PTOI didn't announce what happened to those discussions but presumably those companies were good prospects which could benefit from PTOI's processors otherwise Mr. Heddle wouldn't have mentioned it...unless Mr. Heddle is as shady as I think he is.
There's no information as to why either those potential customers didn't want a processor or, if PTOI is still in some sort of "complex negotiations" over one year seven months later, PTOI doesn't mention what point in the negotiations they are at loggerheads such that they can't find any terms satisfactory to both parties.
Likewise with EcoNav LLC and the two secret potential customers. It's been six months with EcoNav and somewhere between two and six months for the secret potential customers. You weren't told why EcoNav couldn't do a 3-5 day pilot run within 120 days (or within 180 days as of now). If you feel you're being adequately updated by PTOI, more power to you.
As far as the cost/price claims, PTOI, via Mr. Bordyniuk, was very clear that PTOI could make oil for under $10/bbl for which he had offers in hand to buy at WTI-$3. Even today that's an over 80% gross margin. I'll admit that it's my personal assessment that those claims are completely fake. I understand you still believe those $10/bbl cost, WTI-$3 price claims are true so you won't agree that PTOI defrauded investors there.
"Hmmm.....I thought that this was the scandal that was going to bring PTOI and Heddle to their knees, due to the litigation that was sure to follow such a brazen attempt to hide material information from investors......is that litigation in process somewhere?"
You actually brought the word 'litigation' into that--I only advocated that investors press PTOI for answers as to how well the process can convert plastic into anything. PTOI doesn't disclose how well the process can produce results and shareholders are satisfied with the lack of information. "P2O werks!" is enough for you and them. So you can see how nobody will press for answers, let along litigate. Those with a vested interest in knowing are content to not know because their faith and trust carries them.
http://seekingalpha.com/article/1834452-jbis-...art=single
PTOI didn't announce what happened to those discussions but presumably those companies were good prospects which could benefit from PTOI's processors otherwise Mr. Heddle wouldn't have mentioned it...unless Mr. Heddle is as shady as I think he is.
There's no information as to why either those potential customers didn't want a processor or, if PTOI is still in some sort of "complex negotiations" over one year seven months later, PTOI doesn't mention what point in the negotiations they are at loggerheads such that they can't find any terms satisfactory to both parties.
Likewise with EcoNav LLC and the two secret potential customers. It's been six months with EcoNav and somewhere between two and six months for the secret potential customers. You weren't told why EcoNav couldn't do a 3-5 day pilot run within 120 days (or within 180 days as of now). If you feel you're being adequately updated by PTOI, more power to you.
As far as the cost/price claims, PTOI, via Mr. Bordyniuk, was very clear that PTOI could make oil for under $10/bbl for which he had offers in hand to buy at WTI-$3. Even today that's an over 80% gross margin. I'll admit that it's my personal assessment that those claims are completely fake. I understand you still believe those $10/bbl cost, WTI-$3 price claims are true so you won't agree that PTOI defrauded investors there.
"Hmmm.....I thought that this was the scandal that was going to bring PTOI and Heddle to their knees, due to the litigation that was sure to follow such a brazen attempt to hide material information from investors......is that litigation in process somewhere?"
You actually brought the word 'litigation' into that--I only advocated that investors press PTOI for answers as to how well the process can convert plastic into anything. PTOI doesn't disclose how well the process can produce results and shareholders are satisfied with the lack of information. "P2O werks!" is enough for you and them. So you can see how nobody will press for answers, let along litigate. Those with a vested interest in knowing are content to not know because their faith and trust carries them.
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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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