What's impressive is that PTOI's enterprise value
Post# of 43066
(Total Views: 286)
Posted On: 03/15/2017 3:23:19 PM
What's impressive is that PTOI's enterprise value is about $15M!! It has been slowly inching up over time as a result of with Mr. Heddle's and others' loans...which probably went to pay Mr. Heddle's own salary.
So basically that's only six $2.5M plastic heaters which need to be sold to match the enterprise value...or if Mr. Heddle raises the price to $15M, that's only one which needs to be sold. I don't think anyone really sees the difference between $80k, the initial price point, and even $80M.
I doubt there are any paid employees left. There's no point in having an operator watch a supposedly broken plant. If there's a sales person, in four years just one sales person could have called every single business in the United States having more than one ton of plastic on site. A few years ago, surveillance text was 'leaked' to this board which I believe happened...but that also means there was no security, paid or unpaid for a while. Drive bys confirm there is nobody working.
The mortgage on the property can't be that high and neither can property taxes. Electricity has to be minimal. My guess is that the $600k 'invested' by several people late last year went largely to pay for PTOI's one administrative person...CEO Mr. Heddle.
Certainly most of Mr. Heddle's salary won't be paid to him unless he gets a cash infusion...but the most anyone can really say is that Mr. Heddle is providing a service as CEO without any guarantee of payment.
So basically that's only six $2.5M plastic heaters which need to be sold to match the enterprise value...or if Mr. Heddle raises the price to $15M, that's only one which needs to be sold. I don't think anyone really sees the difference between $80k, the initial price point, and even $80M.
I doubt there are any paid employees left. There's no point in having an operator watch a supposedly broken plant. If there's a sales person, in four years just one sales person could have called every single business in the United States having more than one ton of plastic on site. A few years ago, surveillance text was 'leaked' to this board which I believe happened...but that also means there was no security, paid or unpaid for a while. Drive bys confirm there is nobody working.
The mortgage on the property can't be that high and neither can property taxes. Electricity has to be minimal. My guess is that the $600k 'invested' by several people late last year went largely to pay for PTOI's one administrative person...CEO Mr. Heddle.
Certainly most of Mr. Heddle's salary won't be paid to him unless he gets a cash infusion...but the most anyone can really say is that Mr. Heddle is providing a service as CEO without any guarantee of payment.
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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.