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Posted On: 11/15/2017 7:50:08 PM
Post# of 43065
Re: Jock_Lindsey #38137
"I don't claim to know anything, and I am not in the camp that seems to think this whole company was formed as part of a scam, right from inception."
I'm actually in that camp--PTOI founder Mr. Bordynuik came right out of the gate saying PTOI could make a crude oil equivalent for under $10/bbl using his version of pyrolysis. Half an hour on Google at the most would have made him realize that there's no way to get significant amounts of free plastic and the price per lb of scrap plastic alone eliminates any possibility of $10/bbl no matter what the pyrolysis oil ends up being. Mr. Bordynuik doesn't strike me as a stupid man--there's no question in my mind that he knew his grandiose claims were fake when he made them.
At a minimum, I think more and more investors are starting to realize that PTOI's supposed technology is worthless--the nearly nine years of failing to make any type of profit in any way whatsoever drives that point home. Today there are only a few holdouts who say PTOI is wildly undervalued because naked short sellers drove it down...yet those people aren't scooping up the shares either so there's a huge disconnect between what they say and what they aren't doing.
I'm actually in that camp--PTOI founder Mr. Bordynuik came right out of the gate saying PTOI could make a crude oil equivalent for under $10/bbl using his version of pyrolysis. Half an hour on Google at the most would have made him realize that there's no way to get significant amounts of free plastic and the price per lb of scrap plastic alone eliminates any possibility of $10/bbl no matter what the pyrolysis oil ends up being. Mr. Bordynuik doesn't strike me as a stupid man--there's no question in my mind that he knew his grandiose claims were fake when he made them.
At a minimum, I think more and more investors are starting to realize that PTOI's supposed technology is worthless--the nearly nine years of failing to make any type of profit in any way whatsoever drives that point home. Today there are only a few holdouts who say PTOI is wildly undervalued because naked short sellers drove it down...yet those people aren't scooping up the shares either so there's a huge disconnect between what they say and what they aren't doing.
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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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