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  4. Plastic2Oil, Inc. (PTOI) Message Board

Has it occurred to you that given the overall fina

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Post# of 43066
Posted On: 12/04/2013 2:42:09 PM
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Posted By: yuggibeht
Re: stocker11 #6015
Has it occurred to you that given the overall financials, it really does not matter how well Processor #3 performs? Their Gross Margin last quarter from P2O was $10,000. They made more money and had far better margins with the moribund tape business. If I were an investor, I would regard the P2O machines as one big smokescreen and diversion from the draining of investors money to... where? Anybody ask?


2.7 Million a quarter. A professional person costs $100k, let's say. That is the yearly salary of 27 people on  FTE basis. This figure implies that outside of a few office parties and a whole lot of office supplies and paper, they have a staff of 108 Salesmen and Administrative people.


Anybody ask Heddle why he has not simply fired 'em all? 


This is not very Green for a Green company.. Most companies have a green office policy and print double-sided, etc....


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