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Plastic2Oil, Inc. PTOI
Posted On: 01/14/2013 7:43:12 AM
Post# of 43066
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Posted By: techisbest

This is all about the company meeting the expectations they have set for investors. CFP in the current quarter with reduced operational costs. How much can they reduce costs and how much revenue can they generate?


I think it will be difficult. I think they are still having technical issues or we would have heard about the completion of the third processor. That means there will be additional R&D costs.


Probably what is more important than reaching CFP is the ability to demonstrate that all the technical issues have been resolved by the end of the quarter. A clear statement about how well each of the three processors is able to perform with regards to throughput, uptime and downtime, how well the petcoke removal component is functioning.


I still do not have a clear picture of how similarly configured the processors are at this point or any plans to bring them all to the same configuration once the design has been shown to work. Specifically, will P1 and P2 be fitted with the petcoke removal component? Or will they be relegated to only accepting feedstock that is known to not have the major petcoke issues?


A little more transparency, please.














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techisbest




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