For you people who keep the faith in PTOI, consider drawing a line in the sand. For example if there isn't a processor continuously running by October 2017, consider cutting your losses or at least consider curtailing buying more shares. The people invested here have been waiting for up to seven and a half years and keep convincing themselves to wait just a little bit longer.
Any joint venture would certainly involve getting a processor running somewhere...but there's a processor on PTOI's Niagara property which either is functional or just needs minor repairs. There's a reason why Mr. Heddle would rather stare at the processor than actually run the processor and there's a reason why Mr. Heddle wants to convince investors that PTOI is moving and shaking with a new joint venture. Does the processor supposedly run better in a different location?? Is there a source of plastic readily available in a new location which is unavailable in Niagara...and if so, does the cost of shipping the plastic to Niagara (about $25/ton, a bit over $0.01/lb) render the process unprofitable?? Think it through.
Keep in mind that neither Mr. Bordynuik nor Mr. Heddle ever intended for investors to see any fraud or deception. A natural occurrence is that if a company constantly lies and defrauds investors, they can successfully hide most of the deception...but, invariably, some of the deception will surface. What investors have seen so far isn't a mistake with the fraud charges nor with Mr. Heddle 'forgetting' to tell investors the plant was broken for six months...it's just the tip of the deception iceberg. It would be worthwhile for investors to press Mr. Heddle for evidence that PTOI's pyrolysis is more valuable than regular pyrolysis. There's a lot of circumstantial evidence that investors are being swindled--it would be worthwhile to consider why Mr. Heddle isn't showing any evidence of value.
Think about what's going on here. There are victims here who think they're immune to being scammed and therefore believe it's impossible that PTOI is a scam...just like victims typing on message boards of any number of scam stocks. Scam artists are good at what they do...and scamming people is profitable. Nobody who thinks they're being scammed will give money to a scam artist so the scam artists have to be good. Scam artists are good at convincing victims that they're always on the cusp of making money.
If you think CEO Mr. Heddle is an honest man but that he just can't get a highly valuable disruptive technology put into use after years of trying...think about what the problem may be. Think about why nobody wants to buy a processor and why not even Mr. Heddle wants to run a processor.
Any joint venture would certainly involve getting a processor running somewhere...but there's a processor on PTOI's Niagara property which either is functional or just needs minor repairs. There's a reason why Mr. Heddle would rather stare at the processor than actually run the processor and there's a reason why Mr. Heddle wants to convince investors that PTOI is moving and shaking with a new joint venture. Does the processor supposedly run better in a different location?? Is there a source of plastic readily available in a new location which is unavailable in Niagara...and if so, does the cost of shipping the plastic to Niagara (about $25/ton, a bit over $0.01/lb) render the process unprofitable?? Think it through.
Keep in mind that neither Mr. Bordynuik nor Mr. Heddle ever intended for investors to see any fraud or deception. A natural occurrence is that if a company constantly lies and defrauds investors, they can successfully hide most of the deception...but, invariably, some of the deception will surface. What investors have seen so far isn't a mistake with the fraud charges nor with Mr. Heddle 'forgetting' to tell investors the plant was broken for six months...it's just the tip of the deception iceberg. It would be worthwhile for investors to press Mr. Heddle for evidence that PTOI's pyrolysis is more valuable than regular pyrolysis. There's a lot of circumstantial evidence that investors are being swindled--it would be worthwhile to consider why Mr. Heddle isn't showing any evidence of value.
Think about what's going on here. There are victims here who think they're immune to being scammed and therefore believe it's impossible that PTOI is a scam...just like victims typing on message boards of any number of scam stocks. Scam artists are good at what they do...and scamming people is profitable. Nobody who thinks they're being scammed will give money to a scam artist so the scam artists have to be good. Scam artists are good at convincing victims that they're always on the cusp of making money.
If you think CEO Mr. Heddle is an honest man but that he just can't get a highly valuable disruptive technology put into use after years of trying...think about what the problem may be. Think about why nobody wants to buy a processor and why not even Mr. Heddle wants to run a processor.
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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.
