"JBII Stock Price Matrix and Report" The invest
Post# of 43066
(Total Views: 338)
Posted On: 02/08/2017 10:00:10 PM
"JBII Stock Price Matrix and Report"
The investors who put together those spreadsheets weren't operating blindly. They were basing their numbers on what PTOI's founder told them directly. Most of them even tried to be "conservative" and dialed back the numbers a bit. The problem is that the numbers given to investors had absolutely no basis in reality. As investors now see, simply adding a 'conservative factor' to garbage numbers put into a spreadsheet doesn't necessarily correct the output of the spreadsheet.
With PTOI's statement that they planned "2,500 sites within the next few years (2009)," each producing 115bbl/day of WTI-$3 oil for under $10/bbl, PTOI would have been earning $9,000,000,000 per year and that $9 billion/yr is not an exaggeration...anyone can do the math. But again, PTOI's numbers delivered to investors as fact were entirely baseless and even slashing that $9B number down to $0 still wouldn't have been "conservative" enough.
As investors starting figuring out over time that something was fishy with PTOI, the stock correspondingly dropped. A few investors are still blaming boogiemen for driving down the share price, rather than blaming the air slowly being let out of the bubble created by the company misrepresenting the process and driving the price up in the first place.
Third and last post.
The investors who put together those spreadsheets weren't operating blindly. They were basing their numbers on what PTOI's founder told them directly. Most of them even tried to be "conservative" and dialed back the numbers a bit. The problem is that the numbers given to investors had absolutely no basis in reality. As investors now see, simply adding a 'conservative factor' to garbage numbers put into a spreadsheet doesn't necessarily correct the output of the spreadsheet.
With PTOI's statement that they planned "2,500 sites within the next few years (2009)," each producing 115bbl/day of WTI-$3 oil for under $10/bbl, PTOI would have been earning $9,000,000,000 per year and that $9 billion/yr is not an exaggeration...anyone can do the math. But again, PTOI's numbers delivered to investors as fact were entirely baseless and even slashing that $9B number down to $0 still wouldn't have been "conservative" enough.
As investors starting figuring out over time that something was fishy with PTOI, the stock correspondingly dropped. A few investors are still blaming boogiemen for driving down the share price, rather than blaming the air slowly being let out of the bubble created by the company misrepresenting the process and driving the price up in the first place.
Third and last post.
(2)
(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.