That wasn't directed specifically at you. I'm cer
Post# of 43066
Posted On: 05/06/2014 2:39:45 PM
That wasn't directed specifically at you. I'm certain that you're very happy with your investment averaged down to sub $0.30/share. It took work, you had to lose even more money to average down that low but now you are doing much better than many other shareholders on a percentage lost basis. However most people probably wouldn't be happy sitting on a loss.
As far as customers wanting JBI's process because you think it's green, why exactly do you think it's green? Incinerators used to produce heat and power also keep waste out of landfills. Plastic recyclers keep some plastic out of landfills. I don't exactly see where JBI fits in the 'green' spectrum. Competing with others for a less green, less profitable solution??
If JBI's process is unprofitable and only ambiguously green, who would buy a processor at any price?
And almost three years ago Mr. Bordynuik represented to shareholders that a processor could take RockTenn's landfilled plastic and profitably make fuel...enough to even kick back a portion of the revenues to RockTenn. All the free plastic JBI could want and all that was needed was a processor, even a subpar processor, on RockTenn's grounds. What do you think was the problem with the RockTenn deal?
As far as customers wanting JBI's process because you think it's green, why exactly do you think it's green? Incinerators used to produce heat and power also keep waste out of landfills. Plastic recyclers keep some plastic out of landfills. I don't exactly see where JBI fits in the 'green' spectrum. Competing with others for a less green, less profitable solution??
If JBI's process is unprofitable and only ambiguously green, who would buy a processor at any price?
And almost three years ago Mr. Bordynuik represented to shareholders that a processor could take RockTenn's landfilled plastic and profitably make fuel...enough to even kick back a portion of the revenues to RockTenn. All the free plastic JBI could want and all that was needed was a processor, even a subpar processor, on RockTenn's grounds. What do you think was the problem with the RockTenn deal?
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(0)Plastic2Oil, Inc. (PTOI) Stock Research Links
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.