"Sure...but at PTOI, the same guy is still behind
Post# of 43064
Posted On: 09/18/2014 10:44:23 AM
Re: PaperProphet #13770
"Sure...but at PTOI, the same guy is still behind the 'technology' and the insiders very recently still hid the fact that the plant was out of commission for six months. Wouldn't it be wise to ask the company for some evidence that the process is now commercially viable??"
Yes he is but, he's no longer running the company. As for evidence, lets wait until the 8K is out and see what Heddle's engineering company has determined. Just because you don't know doesn't make it so...
"Sorted plastic, which is needed per the PTOI's permit, is around $0.40/lb...or $800/ton. You don't believe it since plastic is routinely landfilled. Is that because you can't see that it would cost that much to collect sorted plastic?? Collect 10 lbs of any type of plastic, that's roughly 80 plastic milk jugs, and you'll have about $4 worth. Then take a guess at the labor involved."
Optimal plastic still means optimal WASTE plastic that is optimal landfill-bound TRASH that is optimal for PTOI's processor. It's not optimal for reuse or recycling. This is the stuff worth $800/ton. It's optimal trash that companies currently throw in the garbage.
What is "clearly spelled out in the filings" is that the "optimal plastic" they have purchased was waste plastic from companies who normally pay to throw it in the trash. Those producers of optimal waste plastic who normally pay to throw it in the trash be may interested in turning their trash into fuel at a cost of $10 per barrel while maintaining a green image.
"Regarding Mr. Bordynuik's legal issues, they often point to Mr. Bordynuik being highly dishonest. If you want to still trust that he has a commercially viable process while he sits, smiles, collects your money and offers no evidence that he has anything of value, that's your choice. Good luck. I don't mind if you invest so please don't feel you need to defend your choice to invest. Go right ahead."
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Like I said, lets wait to see what Heddle's engineering company determines. The only person I have to satisfy with my choice to invest or not is myself. Your opinions mean squat to me especially since, as you say, you are not an investor and are only interested in exposing scam companies. Ya right!! There has been some speculation from others as to your motivation and I would tend to believe them more so than you.
Now...who's being "highly dishonest"???
Yes he is but, he's no longer running the company. As for evidence, lets wait until the 8K is out and see what Heddle's engineering company has determined. Just because you don't know doesn't make it so...
"Sorted plastic, which is needed per the PTOI's permit, is around $0.40/lb...or $800/ton. You don't believe it since plastic is routinely landfilled. Is that because you can't see that it would cost that much to collect sorted plastic?? Collect 10 lbs of any type of plastic, that's roughly 80 plastic milk jugs, and you'll have about $4 worth. Then take a guess at the labor involved."
Optimal plastic still means optimal WASTE plastic that is optimal landfill-bound TRASH that is optimal for PTOI's processor. It's not optimal for reuse or recycling. This is the stuff worth $800/ton. It's optimal trash that companies currently throw in the garbage.
What is "clearly spelled out in the filings" is that the "optimal plastic" they have purchased was waste plastic from companies who normally pay to throw it in the trash. Those producers of optimal waste plastic who normally pay to throw it in the trash be may interested in turning their trash into fuel at a cost of $10 per barrel while maintaining a green image.
"Regarding Mr. Bordynuik's legal issues, they often point to Mr. Bordynuik being highly dishonest. If you want to still trust that he has a commercially viable process while he sits, smiles, collects your money and offers no evidence that he has anything of value, that's your choice. Good luck. I don't mind if you invest so please don't feel you need to defend your choice to invest. Go right ahead."
[/u]
Like I said, lets wait to see what Heddle's engineering company determines. The only person I have to satisfy with my choice to invest or not is myself. Your opinions mean squat to me especially since, as you say, you are not an investor and are only interested in exposing scam companies. Ya right!! There has been some speculation from others as to your motivation and I would tend to believe them more so than you.
Now...who's being "highly dishonest"???
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