Yes. As long as PTOI doesn't lie any more even by
Post# of 43066
Posted On: 05/18/2015 10:48:03 AM
Yes. As long as PTOI doesn't lie any more even by omission, they're legit. No more withholding material information about the plant breaking, start notifying shareholders when material agreements fall apart instead of silently letting the failed agreements be forgotten, etc.... If PTOI doesn't lie, investors can make a true assessment. I only started posting because of PTOI's fraudulent cost and price claims.
If I start a company with a special proprietary grinder where I hope to turn regular yard waste into delicious salad, there's nothing wrong with trying to get investors. If I lie and say I can make salad for $5/cubic yard for which I have offers of $50/cubic yard, then I've crossed the line. Sure I can grind fresh lettuce and tomatoes pretending it's "waste" and get $50/cubic yard...but the cost will be too expensive. I can likewise grind leaves and grass clippings and get something that's "lettuce-like" but nobody will pay me for it. If I 'validate' my grinder by hiring SAIC to determine profitability based on an assumption of $5 cost and $50 sales and don't disclose the assumptions to investors, I'm likewise defrauding investors.
Alternatively, if I say that I've never found any way of profitably running my revolutionary grinder but hope to find a customer who has something which could be usefully ground into salad, then no problem. At that point the investors who invest because they have faith in my grinder should appropriately lose their money.
If I start a company with a special proprietary grinder where I hope to turn regular yard waste into delicious salad, there's nothing wrong with trying to get investors. If I lie and say I can make salad for $5/cubic yard for which I have offers of $50/cubic yard, then I've crossed the line. Sure I can grind fresh lettuce and tomatoes pretending it's "waste" and get $50/cubic yard...but the cost will be too expensive. I can likewise grind leaves and grass clippings and get something that's "lettuce-like" but nobody will pay me for it. If I 'validate' my grinder by hiring SAIC to determine profitability based on an assumption of $5 cost and $50 sales and don't disclose the assumptions to investors, I'm likewise defrauding investors.
Alternatively, if I say that I've never found any way of profitably running my revolutionary grinder but hope to find a customer who has something which could be usefully ground into salad, then no problem. At that point the investors who invest because they have faith in my grinder should appropriately lose their money.
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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.