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Plastic2Oil, Inc. PTOI
(Total Views: 658)
Posted On: 08/05/2019 4:14:13 PM
Post# of 43066
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Posted By: PaperProphet
I suppose a positive spin on PTOI is that its debt and therefore its enterprise value continues to grow quarter after quarter. In the first quarter a director loaned PTOI even more money at 4% interest, signaling that he believed that PTOI's debt is less risky than Microsoft's debt, whose bonds are yielding over 4%.

So PTOI has an enterprise value of about $18M, with the market value of the debt being recently validated by a director. Either PTOI is a valuable little company...or the director who loaned even more money to PTOI isn't thinking straight. You can decide which is the correct answer.













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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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