"Just look at how far PTOI has come in just six short years!"
Yes. And the six years is only since Mr. Bordynuik purchased controlling interest in his second shell. After all this time, still no proof of concept. The company is still unable to put something into the processor and show that something of a higher value comes out.
It's surreal. Five to six years ago it was represented as a fully tested process which could make fuel for under $10/bbl which PTOI had offers in hand to purchase for WTI-$3...or around $90/bbl. All from an $80k processor. Complete silence from the company about actual performance for this many years and investors become like the proverbial boiled frog. Investors have to figure out that they were grossly misled based on the lack of results because PTOI isn't going to confess to them. There's no sudden shock or realization to compel investors to sue. Somehow the remaining posters here have all morphed to blaming skeptics for their up to 99% losses.
For you investors, keep in mind that it's hard to prove fraud on a process which is fully controlled by a company. The company could say the catalyst cures cancer and nobody could prove otherwise. I can show the math indicating PTOI's process can't be profitable but wild optimism even leaves the door open there. For your next stock, your best defense is to have the company provide proof of value, not demand that the skeptics provide proof of non-value even though skeptics have no access to the process. That's your best protection.
Yes. And the six years is only since Mr. Bordynuik purchased controlling interest in his second shell. After all this time, still no proof of concept. The company is still unable to put something into the processor and show that something of a higher value comes out.
It's surreal. Five to six years ago it was represented as a fully tested process which could make fuel for under $10/bbl which PTOI had offers in hand to purchase for WTI-$3...or around $90/bbl. All from an $80k processor. Complete silence from the company about actual performance for this many years and investors become like the proverbial boiled frog. Investors have to figure out that they were grossly misled based on the lack of results because PTOI isn't going to confess to them. There's no sudden shock or realization to compel investors to sue. Somehow the remaining posters here have all morphed to blaming skeptics for their up to 99% losses.
For you investors, keep in mind that it's hard to prove fraud on a process which is fully controlled by a company. The company could say the catalyst cures cancer and nobody could prove otherwise. I can show the math indicating PTOI's process can't be profitable but wild optimism even leaves the door open there. For your next stock, your best defense is to have the company provide proof of value, not demand that the skeptics provide proof of non-value even though skeptics have no access to the process. That's your best protection.
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.
