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Posted On: 06/30/2019 4:14:41 PM
Post# of 43064
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If I had to start from scratch and try to figure out PTOI, I wouldn't change a thing. I would still start by looking at the company itself. Remember that ten years ago PTOI supposedly had a processor which cost $80,000 and could produce $10,000 per day in profits. By all accounts from the company, subsequent versions of the processors are even better than that...so they can apparently pay for themselves in less than eight days.
Ten years of the company not being smart enough to put even a single $80,000 processor back in service to make that supposed $3,650,000 per year in EBITDA per processor should scream that something is wrong with the story which PTOI sold to investors. It would be naïve to think that story was anything but fraud.
Nothing against those who want to focus on day-by-day trades, evil entities (unrelated to PTOI), and abusive short sellers. People who want to focus on those and readers who want to drink that type of nectar have every right to continue to do so.
Ten years of the company not being smart enough to put even a single $80,000 processor back in service to make that supposed $3,650,000 per year in EBITDA per processor should scream that something is wrong with the story which PTOI sold to investors. It would be naïve to think that story was anything but fraud.
Nothing against those who want to focus on day-by-day trades, evil entities (unrelated to PTOI), and abusive short sellers. People who want to focus on those and readers who want to drink that type of nectar have every right to continue to do so.
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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.