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Plastic2Oil, Inc. PTOI
Posted On: 12/10/2012 7:16:08 AM
Post# of 43066
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Posted By: techisbest
Let's talk about something more important than the SEC case. Let's talk about why the pps is in the gutter when the company is supposed to be so close to being able to finally show they can do what they've been saying they can do on a commercial scale. Certainly tax loss selling accounts for some it. But it also seems clear that the activity at the plant has ground to a halt. Otherwise we would be hearing much more from those boots on the ground despite calls from them for me to do my own drive-bys. Maybe the big money which will start buying at the beginning of the next leg up, assuming there will be a next leg up, is waiting for that third processor with its new component to remove petcoke without the need to shut down to be built and prove itself. The new PIPE is probably not being closed (maybe this is the same thing) without that proof leaving the company cash poor. This is a nervous time for all of us, but maybe we'll get some holiday cheer.













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