I haven't tried to needle anyone. I don't insult
Post# of 43066
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Posted On: 03/21/2017 11:26:59 AM
I haven't tried to needle anyone. I don't insult anyone and I rarely, if ever, return fire when people insult me. I do point out problems with PTOI and investors seem to feel that, by extension, I'm insulting them as shareholders.
I also very rarely get answers. When I first ran across PTOI in 2010, it was immediately obvious to me that the only way to get plastic in bulk was to buy scrap plastic and that the scrap plastic prices eliminated any chance for profit. The cost of scrap blows PTOI's profit thesis out of the water...as well as the thesis of every single other plastic-to-fuel start up. When PTOI additionally claimed under $10/bbl, that was enough for me to label the company a scam.
PTOI initially said waste plastic was free and plentiful...that the company would even get paid to take it...yet PTOI has done nothing but buy scrap plastic whenever the processor was run with the exception of the PR stunt with what must have been a very small amount of dried Crayola markers.
Every time I point out the price of scrap makes a profit impossible, I get silence...from the very investors whom one would think would be keenly interested in knowing that their investment is worthless. I don't know why and nobody ever tells me why they're willing to keep investing despite that. I don't know if they don't understand what I'm saying or if they're holding out hope or whatever else.
I understand that the people here are in for the long haul and don't want to hear negativity...but pointing out PTOI's problems also gives an alternate perspective to the pervasive thesis that short sellers and evildoers are to blame for the 99% drop in the share price. New investors can make up their own decisions...but trying to eliminate any frank discussion about PTOI doesn't help anyone make a better decision.
I also very rarely get answers. When I first ran across PTOI in 2010, it was immediately obvious to me that the only way to get plastic in bulk was to buy scrap plastic and that the scrap plastic prices eliminated any chance for profit. The cost of scrap blows PTOI's profit thesis out of the water...as well as the thesis of every single other plastic-to-fuel start up. When PTOI additionally claimed under $10/bbl, that was enough for me to label the company a scam.
PTOI initially said waste plastic was free and plentiful...that the company would even get paid to take it...yet PTOI has done nothing but buy scrap plastic whenever the processor was run with the exception of the PR stunt with what must have been a very small amount of dried Crayola markers.
Every time I point out the price of scrap makes a profit impossible, I get silence...from the very investors whom one would think would be keenly interested in knowing that their investment is worthless. I don't know why and nobody ever tells me why they're willing to keep investing despite that. I don't know if they don't understand what I'm saying or if they're holding out hope or whatever else.
I understand that the people here are in for the long haul and don't want to hear negativity...but pointing out PTOI's problems also gives an alternate perspective to the pervasive thesis that short sellers and evildoers are to blame for the 99% drop in the share price. New investors can make up their own decisions...but trying to eliminate any frank discussion about PTOI doesn't help anyone make a better decision.
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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.