Do you feel that the skeptics were to blame for mu
Post# of 43065
I don't believe the $10/bbl claim either--recyclers are willing to pay a price for plastic and that price makes plastic-to-fuel a money-losing prospect even if that fuel was in-spec diesel. Unless plastic is co-mingled with garbage, pound for pound, scrap plastic is worth more than any common petroleum-based fuel.
Yes, Mr. Bordynuik was a prolific liar and pumped the stock...but he was also the one who convinced investors that he could melt plastic better than anyone else...a claim which he has been unable to back up. Even when you say PTOI produced 40,000 gallons of "in-spec fuel," that's another "fact" which came from Mr. Bordynuik. Mr. Bordynuik invested a lot of time in deceiving investors...as you can see from his efforts to get a dishonest auditor to sign off on PTOI's cooked books several years ago, even paying for the auditor's felony trial on an unrelated crime to get the auditor to sign off on PTOI's fraudulent accounting. If you have a fact which came from Mr. Bordynuik, you should be suspicious.
Even though we both believe that $10/bbl claim is BS, it also means PTOI now doesn't have any claims. Did all of that testing in 2013 show that the process could be useful in any respect--then why doesn't Mr. Heddle say so?? If not, then what exactly was the processor "optimized" for over several years?? Is Mr. Heddle focused on getting tax credits?? We don't know and he's not saying. Is Mr. Heddle laser-focused on pursuing all potential possibilities because he currently doesn't know of any commercially viable uses??...that's fine if he is, but he should disclose that to investors. All we know is that Mr. Heddle is currently holding his hand out for more money and wants to sell or license something for which investors have no idea how well it works.
I'm not playing anyone. I see that Mr. Heddle is a dishonest man and Mr. Bordynuik before him is even more dishonest. When a person owns shares in a company which is run by dishonest men, that person should worry.