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  4. Plastic2Oil, Inc. (PTOI) Message Board

So what is the' long term' plan and how many machi

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Post# of 43066
Posted On: 07/16/2014 6:45:38 PM
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Posted By: SaulGoodman
So what is the' long term' plan and how many machines need to be sold every year ?

Obviously they are going to need to keep selling machines every year for any chance of survival.

So how many and how often ?

Because right now there really does not seem to be much of a market for even one.

Let alone many over and over and over.

So how many need to be sold every year to keep salaries paid, loans paid off, and doors open ?

Because just one sale still would eventually lead this company to Chapter 11 without more sales each and every year.

Royalties are not going to be enough alone to continue and Heddle has basically changed all parameters and profits of a sale with his announcement of an engineering firm taking over a lions share of the future contract.

There are some gaping holes in this new business plan for any significant returns to shareholder value.



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