It does strike me that with only 196M shares of JBII/PTOI
It does strike me that with only 196M shares of JBII/PTOI traded since 1/1/2010, that's only 1.5x PTOI's outstanding shares. Posters aren't kidding when they say they've never sold a share--in fact no matter how you look at it, at least over half of the outstanding shares of PTOI were never sold more than once. There's also not a lot of room for naked short sellers in those numbers.
I get the impression that people here feel that it's noble or classy to never have sold a share despite the heavy losses and I'm sure that attitude colors the opinions of many shareholders in deciding to hold. Like many other penny stocks, there's a strong allegiance to these companies despite the deception and fraud from the companies which invariably shows itself over time.
I know from other stocks that penny stock investors often take the attitude that they'll hold their stock until the stock either makes it or until someone pries the stock from their cold dead hands. I know they're dead serious and PTOI is another example of that. In fact given the average investing age and that PTOI has been going on for 7.5 years, odds are that 15% of PTOI investors have already passed away waiting for PTOI to perform. I don't think those people who are talking about bequeathing their PTOI shares to their heirs are joking.
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Plastic2Oil, Inc. (PTOI) Stock Research Links
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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