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  4. Plastic2Oil, Inc. (PTOI) Message Board

The current plan is to sell processors. Anyone

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Post# of 43066
Posted On: 05/08/2014 9:52:32 PM
Posted By: 1J&3Ts
Re: PaperProphet #7810
The current plan is to sell processors.
Anyone who has been in a merger know that top management do not usually go with the Merger. There is a reason for the change of management: the company wants new eyes looking for new ideas and cost effectiveness. Think about this scenario, John was focused on making and selling fuel. The new CEO comes on board and takes a fresh look at the company. Heddle sees the value of the processor and together he and John agree the processor itself is the valuable product. Why not sell the processors to companies wanting to environmentally dispose of their wastes. Heddle is new to the company and gun ho on the importance of being transparent with the shareholders. However with the history of sabotaged by many who are trying to take the company down and recommend "no comments" until all the i's are dotted and t's crossed so he has been unable to offer the transparency he is use to providing with his company. One move he made in interest of moving towards Cash Flow Positive, he did what all excellent CEO's do: Right Size the company. (that is the current term used in corporations) So to answer your question, the answer is NO. The value of the processor far outweighs the production of fuel and has much less the problems.

Quote:
"It is not the plan to become profitable by producing and selling fuel."



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