Yes. The thing about Mr. Heddle is that he's di
Post# of 43066
Posted On: 06/11/2015 4:16:58 PM
Re: ThePennyShill #20186
Yes.
The thing about Mr. Heddle is that he's dishonest. While it's not his fault that the founder, Mr. Bordynuik, swindled investors about the claims of $10/bbl cost, $WTI- $3 sales price, Mr Heddle did literally let investors go on believing for six months that production was finally ramping up...when in fact the plant was broken. Mr. Heddle, after promising transparency on a quarterly basis, withheld highly material information from investors for six months. The value (or lack thereof) of the process is what will make or break PTOI and there's not anything Mr. Heddle can do about that...but Mr. Heddle's is dishonest.
It should be screaming obvious to everyone by now that there's a reason after six years why not one processor is in productive service anywhere. There's a reason why Mr. Heddle doesn't want to run the processors and it's not because he hates money.
If, in six years, PTOI had found any customer anywhere who found any value at all in using PTOI's processors to pyrolyze any of their waste, bi-products or other material, then certainly those customers would be willing to pay PTOI to process the material for them. And if the material transportation cost is what drops the process from "useful" to "not worth it" for a customer...then what makes anyone think a customer would happily swap out transportation costs and instead pay PTOI a price tag of $2,500,000 for a processor on site?!
I'm certain if any investor read the above paragraph and spent just three minutes processing what I just said, a light bulb would immediately snap on in their heads like the bulb in a lighthouse.
The thing about Mr. Heddle is that he's dishonest. While it's not his fault that the founder, Mr. Bordynuik, swindled investors about the claims of $10/bbl cost, $WTI- $3 sales price, Mr Heddle did literally let investors go on believing for six months that production was finally ramping up...when in fact the plant was broken. Mr. Heddle, after promising transparency on a quarterly basis, withheld highly material information from investors for six months. The value (or lack thereof) of the process is what will make or break PTOI and there's not anything Mr. Heddle can do about that...but Mr. Heddle's is dishonest.
It should be screaming obvious to everyone by now that there's a reason after six years why not one processor is in productive service anywhere. There's a reason why Mr. Heddle doesn't want to run the processors and it's not because he hates money.
If, in six years, PTOI had found any customer anywhere who found any value at all in using PTOI's processors to pyrolyze any of their waste, bi-products or other material, then certainly those customers would be willing to pay PTOI to process the material for them. And if the material transportation cost is what drops the process from "useful" to "not worth it" for a customer...then what makes anyone think a customer would happily swap out transportation costs and instead pay PTOI a price tag of $2,500,000 for a processor on site?!
I'm certain if any investor read the above paragraph and spent just three minutes processing what I just said, a light bulb would immediately snap on in their heads like the bulb in a lighthouse.
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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.