About the only information we really have at this point regarding P2O:
They have one retrofitted machine, one pretty good machine, and one machine being built with all the bells and whistles.
We don't know how well either of the first two work and we don't know if the third will be able to address all the technology issues that the bells and whistles are supposed to address. We don't know if they'll be adding the bells and whistles to the first two machines if they are found to work.
It shouldn't take very long to assemble a P2O processor if everything is already known, so it is pretty clear they are still in some level of R&D. Even now.
In other words, we still don't know if any of the machines will be able to run in a commercial capacity.
On the other hand, they closed a deal with Madison County to take their plastic. So they must be planning to run their processor at least enough to process that amount of plastic. We don't know how much plastic that is. Or when it will be delivered. Since Madison County is just starting to educate the public about dropping off plastic to collection sites, it could be a while.
We think the RKT deal is progressing at some level. We don't know how well it is progressing.
We think that they are producing oil in some amount. And that there are customers taking the oil produced. We don't have any real idea how often the machines are running or how much plastic is being processed.
We know they have produced negligible amounts of oil, relative to what they say they should be able to produce if they had a machine that could run continuously.
In other words, it is really difficult to know how healthy this company is at this stage.
And so we throw around lots of silly posts about things not directly related to the company. Because that's all we've got.
No doubt there are other things that are in the works that we don't know about. They are probably contingent on getting a machine to perform the way we all want it to perform.
4,000 lbs. per hour. Continuously. Times 3? I'll take 2 for starters. And 5 days a week. OK, give me 2,000 lbs. per hour, 5 days a week, two machines running.
For starters.
Is that enough to get CFP?
Plastic2Oil, Inc. (PTOI) Stock Research Links
