If Mr. Heddle is able to show the world credible evidence that PTOI's processor is at least break-even (other than while being shut down), I will buy PTOI stock probably up to maybe $1.00. If he can show what comes out of the processor is actually worth more than the plastic which went in, I'll value the stock higher from there.
In the past, I did research finding the market opportunities for technologies, especially IP mostly coming out of universities. I can tell you that step #1 is to be laser-focused on doing a proof-of-concept. Mr. Bordynuik understood that importance well...so he faked a proof of concept, telling investors he tested the processor and found costs of under $10/bbl with offers to buy that oil at $80/bbl (WTI-$3)...and that ran the stock up to $7. Everyone knows how to use a spreadsheet and those numbers would have been fantastic if even close to the truth. Mr. Heddle hasn't made a peep.
We're definitely stuck on the reason why Mr. Heddle won't release any information about how well the process actually converts cheaper plastic into a supposedly higher value liquid fuel. I believe the only reason Mr. Heddle's lips are sealed is because process doesn't create any value so it's more lucrative for Mr. Heddle to stay silent or, if he chooses to lie like Mr. Bordynuik, Mr. Heddle has more in personal assets to lose in a fraud suit. I can't think of any other reason why Mr. Heddle wouldn't clearly and articulately describe to the world how well PTOI's process works.
I don't think after seven years that blame should still be focused outside of the company. If the process is revolutionary but just needs to be developed further, Mr. Heddle should be clear on that point. If the process is revolutionary but just needs government subsidies to be above break even then Mr. Heddle should be clear on that point too. Clarity and clear communication from PTOI would go a long way toward dispelling the constant ambiguity.
In the past, I did research finding the market opportunities for technologies, especially IP mostly coming out of universities. I can tell you that step #1 is to be laser-focused on doing a proof-of-concept. Mr. Bordynuik understood that importance well...so he faked a proof of concept, telling investors he tested the processor and found costs of under $10/bbl with offers to buy that oil at $80/bbl (WTI-$3)...and that ran the stock up to $7. Everyone knows how to use a spreadsheet and those numbers would have been fantastic if even close to the truth. Mr. Heddle hasn't made a peep.
We're definitely stuck on the reason why Mr. Heddle won't release any information about how well the process actually converts cheaper plastic into a supposedly higher value liquid fuel. I believe the only reason Mr. Heddle's lips are sealed is because process doesn't create any value so it's more lucrative for Mr. Heddle to stay silent or, if he chooses to lie like Mr. Bordynuik, Mr. Heddle has more in personal assets to lose in a fraud suit. I can't think of any other reason why Mr. Heddle wouldn't clearly and articulately describe to the world how well PTOI's process works.
I don't think after seven years that blame should still be focused outside of the company. If the process is revolutionary but just needs to be developed further, Mr. Heddle should be clear on that point. If the process is revolutionary but just needs government subsidies to be above break even then Mr. Heddle should be clear on that point too. Clarity and clear communication from PTOI would go a long way toward dispelling the constant ambiguity.
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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.
