It would be hard to fail with a process that could
Post# of 43066
Posted On: 05/14/2014 6:02:02 PM
Re: techisbest #8048
It would be hard to fail with a process that could produce an oil for a cost of under $10, with all expenses thrown in, which had refineries offering three dollars under the price of West Texas Intermediate crude oil spot.
A company which could produce a commodity with 90% gross margins wouldn't really need to search for years for just the right business plan to commercialize it.
However many investors seem to believe that the stated price of under $10 and the stated Somerset offer of WTI-$3 was just a goal of Mr. Bordynuik's and not a false statement of fact. Apparently the testing with the 1kg processor and 1-ton processor never included any sort of testing whether or not those amazing cost/price claims were true. The testing apparently verified that pyrolysis still works and that it could be scaled up...but evidently any necessary testing to determine the value was simply overlooked.
A company which could produce a commodity with 90% gross margins wouldn't really need to search for years for just the right business plan to commercialize it.
However many investors seem to believe that the stated price of under $10 and the stated Somerset offer of WTI-$3 was just a goal of Mr. Bordynuik's and not a false statement of fact. Apparently the testing with the 1kg processor and 1-ton processor never included any sort of testing whether or not those amazing cost/price claims were true. The testing apparently verified that pyrolysis still works and that it could be scaled up...but evidently any necessary testing to determine the value was simply overlooked.
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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.