According to PTOI, the company was starting up the
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Posted On: 02/01/2017 3:33:07 AM
According to PTOI, the company was starting up the 'flagship' processor from June 2013 until the fourth quarter of 2013. The excuse for the half year long start up of the processor was that they wanted to only increase production in minuscule increments to be super-careful and make sure nothing broke. PTOI said the processor was near full capacity in November of 2013. If that's true, PTOI should have almost six months of data to show exactly how well, and economically, the processor converts plastic into a fuel.
Then PTOI left cooling water in the condensers and turned off the heat in the building in the winter of 2013. Inexplicably, PTOI felt in no rush to keep this company lynch pin running (and thus warm) so they left the plant long enough for the water to freeze. Mr. Heddle then estimated that the condenser and/or piping freeze damage would cost $175k - $200k to fix...no word if the piping is made out of solid gold or not to justify that price.
Then in early 2014, PTOI received financing...but since nobody knew that the processor was busted and wouldn't be told for several months, nobody chastised Mr. Heddle for not spending that money to fix the processor. Mr. Heddle then put in "millions" of which none of that money went toward that $200k repair cost to get a working processor, but you can guess his salary was paid out of his loan. Most recently, another $600k was 'invested' starting six months ago for which Mr. Heddle said he would repair the processor...but yet nothing.
But no worries...the flagship can apparently run three to five days to facilitate test runs without needing any cooling whatsoever. Somehow a condenser isn't needed because the vapors will condense without cooling water for up to five days. The processor is an enigma.
If anyone finds any of PTOI's communication hard to swallow, it means they're not an optimistic and trusting investor...or at least investors can chalk up inconsistencies in PTOI's story line to Mr. Heddle merely being "bad at communicating."
Then PTOI left cooling water in the condensers and turned off the heat in the building in the winter of 2013. Inexplicably, PTOI felt in no rush to keep this company lynch pin running (and thus warm) so they left the plant long enough for the water to freeze. Mr. Heddle then estimated that the condenser and/or piping freeze damage would cost $175k - $200k to fix...no word if the piping is made out of solid gold or not to justify that price.
Then in early 2014, PTOI received financing...but since nobody knew that the processor was busted and wouldn't be told for several months, nobody chastised Mr. Heddle for not spending that money to fix the processor. Mr. Heddle then put in "millions" of which none of that money went toward that $200k repair cost to get a working processor, but you can guess his salary was paid out of his loan. Most recently, another $600k was 'invested' starting six months ago for which Mr. Heddle said he would repair the processor...but yet nothing.
But no worries...the flagship can apparently run three to five days to facilitate test runs without needing any cooling whatsoever. Somehow a condenser isn't needed because the vapors will condense without cooling water for up to five days. The processor is an enigma.
If anyone finds any of PTOI's communication hard to swallow, it means they're not an optimistic and trusting investor...or at least investors can chalk up inconsistencies in PTOI's story line to Mr. Heddle merely being "bad at communicating."
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(0)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.