Posted On: 09/06/2015 7:33:18 PM
Post# of 43065
There's no way to really tell where SG&A goes. For the first six months of 2015, PTOI reported $1.5M in SG&A. PTOI reports that SG&A, depreciation and interest due to Mr. Heddle make up virtually all of PTOI's expenses. SG&A is a black hole and only insiders know where the money is going.
If any of the SG&A is actually going for selling, that hasn't produced any results in over six years, and over two years since the focus shifted towards selling. PTOI should certainly report what hurdle they are trying to overcome but there's no transparency to even the method of attempted sales.
Is PTOI cold calling potential customers??...in two years for that money spent, PTOI could have contacted almost every household in the US by now to ask if anyone wanted a broken, 40 ton per day, plastic melting machine with no identified useful capabilities.
This message board is divided between those who firmly believe that PTOI's processors are light years ahead of the (non-existent) competition and those who believe that the company, its founder and its current CEO are swindling investors. Choose your belief wisely.
If any of the SG&A is actually going for selling, that hasn't produced any results in over six years, and over two years since the focus shifted towards selling. PTOI should certainly report what hurdle they are trying to overcome but there's no transparency to even the method of attempted sales.
Is PTOI cold calling potential customers??...in two years for that money spent, PTOI could have contacted almost every household in the US by now to ask if anyone wanted a broken, 40 ton per day, plastic melting machine with no identified useful capabilities.
This message board is divided between those who firmly believe that PTOI's processors are light years ahead of the (non-existent) competition and those who believe that the company, its founder and its current CEO are swindling investors. Choose your belief wisely.
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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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