There is definitely no shortage of inconsistencies...but investors take all inconsistencies in stride, either ignoring them or finding some way to rationalize around them. I was told my math was wrong on the price of scrap plastic because PTOI could potentially skim the market for plastic which was cheaper than average...that person must feel that sellers of scrap plastic are all stupid and have no idea what the market will bear.
Even if investors looked further, they would see with the potential 40 processor sales to EcoNav and the two secret potential customers, with the company's 40 ton per day spec, these three potential customers would be processing 3% of all the HDPE, PP and LDPE waste in the entire U.S. (40 proc * 40 tons/day * 365 days divided by the total US HDPE/LDPE/PP waste of 20M tons/ year).
Since EcoNav is a new LLC, who are these two other heavy hitters who, together, waste 3% of the total HDPE/LDPE/PP plastic in the US?? Nobody, that's who. Those potential customers demanding a total of almost 40 processors from PTOI don't exist. PTOI is a fraud when viewed from every angle...but investors continue to be optimistic.
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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.
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