"Oh wait...you said this and have been repeating i
Post# of 43066
Posted On: 09/18/2014 12:26:54 PM
"Oh wait...you said this and have been repeating it for a while now."
Well, PTOI hasn't provided any evidence that their process is commercially viable. In the past Mr. Bordynuik said it was highly profitable at $10/bbl cost, WTI-$3 offer but that was him lying to investors. And he's still the gatekeeper for all information about the process. All available information about PTOI's P2O comes from a prolific liar.
So from the other direction, I did the math and found that the rough cost of the plastics needed of $800/ton will eliminate the potential for profit even if PTOI somehow could transform that plastic into pure diesel. You don't believe that because you believe scrap plastic is cheap--after all people just throw it away. Your misunderstanding makes you a prime mark. Good luck.
Well, PTOI hasn't provided any evidence that their process is commercially viable. In the past Mr. Bordynuik said it was highly profitable at $10/bbl cost, WTI-$3 offer but that was him lying to investors. And he's still the gatekeeper for all information about the process. All available information about PTOI's P2O comes from a prolific liar.
So from the other direction, I did the math and found that the rough cost of the plastics needed of $800/ton will eliminate the potential for profit even if PTOI somehow could transform that plastic into pure diesel. You don't believe that because you believe scrap plastic is cheap--after all people just throw it away. Your misunderstanding makes you a prime mark. Good luck.
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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.