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  4. Plastic2Oil, Inc. (PTOI) Message Board

I find it remarkable that shareholders don't seem

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Post# of 43066
Posted On: 06/08/2014 2:54:26 PM
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Posted By: PaperProphet
I find it remarkable that shareholders don't seem bothered that the plant broke and Mr. Bordynuik decided not to tell shareholders about this material information for around six months. Does this seem like someone who is doing their fiduciary duty to shareholders??

In the third quarter, everything was reported as going swimmingly and the "flagship" had spend the six months previous to that in a slow startup. Despite the unusually long amount of time to start up, investors were given the impression that processing was on the upswing. No mention of the six weeks of condensers going kaput during December's AGM when Mr. Bordynuik bragged he was running the processor at 2,700 lbs/hr. Certainly no mention when all remaining condensers went kaput--Mr. Bordynuik just sat back and smiled while for six months leaving investors with the impression that the flagship processor must be at least close to full profitable production if not already there.

I find the trust that penny stock investors bestow upon the founders unbelievable. Every message board of scam penny stocks has believers who profess their undying faith in the founders with every breath. I would say SSTP was even worse than JBII as far as the Faithful and Patient cult movement, but they're all practically cults.


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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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