"For something that we have been told, with some a
Post# of 43066
(Total Views: 272)
Posted On: 03/13/2018 10:50:08 AM
"For something that we have been told, with some authority, that plastic to oil isn't feasible, won't work, too expensive, blah, blah, blah, there seems to be one hell of a lot of people working on solving the problem. . . "
- 801
There sure are. Draw your own conclusions.
Feasibility isn't the problem. Youtube videos abound--basically anyone with a way to heat plastic and keep air out, no matter how simple, can feed in plastic bags and generate a diesel-like oil. Grad students, kids in India, etc..., etc.... All the way to bigger start up companies like Agilyx, Cassandra, VADXX, etc..., etc... which take investors' money and then never find a way to turn a profit.
A decade ago, along came PTOI which has claimed it found a way to solve the economics, even to the tune of incredible 90%+ gross margins. Except the founder couldn't say ten words without eleven of them being lies, was prosecuted for accounting fraud and couldn't ever run the processor profitably or even keep his story straight. That fraudster passed the baton to CEO Mr. Heddle who continues lying to investors by withholding material information and announcing sham deals which never go anywhere.
So the only company which claims to have solved the economics issue, is truth challenged and those other companies which aren't truth challenged never can show any results. What's going on?? The answer is in the cost of plastic feedstock vs. the cost of the final product. Either the cost of separating plastic from the waste stream or buying plastic as scrap vs. the oil produced. If you think that's wrong, ask PTOI to explain its value proposition to you--but be prepared for silence.
- 801
There sure are. Draw your own conclusions.
Feasibility isn't the problem. Youtube videos abound--basically anyone with a way to heat plastic and keep air out, no matter how simple, can feed in plastic bags and generate a diesel-like oil. Grad students, kids in India, etc..., etc.... All the way to bigger start up companies like Agilyx, Cassandra, VADXX, etc..., etc... which take investors' money and then never find a way to turn a profit.
A decade ago, along came PTOI which has claimed it found a way to solve the economics, even to the tune of incredible 90%+ gross margins. Except the founder couldn't say ten words without eleven of them being lies, was prosecuted for accounting fraud and couldn't ever run the processor profitably or even keep his story straight. That fraudster passed the baton to CEO Mr. Heddle who continues lying to investors by withholding material information and announcing sham deals which never go anywhere.
So the only company which claims to have solved the economics issue, is truth challenged and those other companies which aren't truth challenged never can show any results. What's going on?? The answer is in the cost of plastic feedstock vs. the cost of the final product. Either the cost of separating plastic from the waste stream or buying plastic as scrap vs. the oil produced. If you think that's wrong, ask PTOI to explain its value proposition to you--but be prepared for silence.
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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.