Whoa! I would like to see the process succeed too. The problem is that the process was pitched to investors as being successful, being able to produce crude oil for under $10 per barrel...but couldn't. Do you see the problem?
JBII_Share_Hoarder is absolutely right. If Mr. Heddle could show that there is something which could be fed into one end of the processor...and would come out of the other end as something more valuable, the process would be a home run and investor dollars would come running. Instead, the pyrolysis story was used as a vehicle to rip off investors.
The solution?? None of the four CEOs have even disclosed the problem so your "solution" of throwing millions of dollars at the company is pre-mature. I do have a business background (MBA) and an engineering background and I can tell you $600k to fix freeze damage on a few pipes is ludicrous. Look at the picture of PTOI's three processors...the piping is identical and the first one cost $80k for everything. That right there should tell you $80k is an upper limit even if you have no idea how (relatively) cheap it really is to run piping. If you think Mr. Heddle is just stone cold stupid and his estimate of $175k to $200k is way too low, why do you trust him?? I can tell you that estimate not ridiculously low...it's ridiculously high. Call a pipefitter and ask about pricing if you don't believe me.
I also don't understand why you're mad at me. You told me you blamed me for the 'hit piece' which convinced you to sell your shares at somewhere over $1.00...then you said you realized I was full of BS and had to buy the shares back at a higher price. The most you can possible blame on me is a few thousand dollars of your losses...and that's a stretch since I never told you to buy the shares back and listening to me would have actually saved you money. I would be interested in seeing how you react once you eventually figure out that PTOI ripped you off by misrepresenting their process. If you're this mad at me...you would have to go ballistic once you figure out who really stole your money.
JBII_Share_Hoarder is absolutely right. If Mr. Heddle could show that there is something which could be fed into one end of the processor...and would come out of the other end as something more valuable, the process would be a home run and investor dollars would come running. Instead, the pyrolysis story was used as a vehicle to rip off investors.
The solution?? None of the four CEOs have even disclosed the problem so your "solution" of throwing millions of dollars at the company is pre-mature. I do have a business background (MBA) and an engineering background and I can tell you $600k to fix freeze damage on a few pipes is ludicrous. Look at the picture of PTOI's three processors...the piping is identical and the first one cost $80k for everything. That right there should tell you $80k is an upper limit even if you have no idea how (relatively) cheap it really is to run piping. If you think Mr. Heddle is just stone cold stupid and his estimate of $175k to $200k is way too low, why do you trust him?? I can tell you that estimate not ridiculously low...it's ridiculously high. Call a pipefitter and ask about pricing if you don't believe me.
I also don't understand why you're mad at me. You told me you blamed me for the 'hit piece' which convinced you to sell your shares at somewhere over $1.00...then you said you realized I was full of BS and had to buy the shares back at a higher price. The most you can possible blame on me is a few thousand dollars of your losses...and that's a stretch since I never told you to buy the shares back and listening to me would have actually saved you money. I would be interested in seeing how you react once you eventually figure out that PTOI ripped you off by misrepresenting their process. If you're this mad at me...you would have to go ballistic once you figure out who really stole your money.
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.
