If RES Polyflow isn't Plastic2Oil inc part II (or
Post# of 43066
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Posted On: 03/29/2018 11:51:27 AM
If RES Polyflow isn't Plastic2Oil inc part II (or III or IV or even DC) then I don't know what is.
PTOI already has agreements to sell what they produce. XTR Energy, Indigo, Coco Paving, Oxy Vinyls, un-named refineries, etc.... PTOI also has feedstock supply agreements with RockTenn, Madison County, Crayola, etc.... PTOI's founder was striking deals left and right! The failure wasn't in getting feedstock nor selling diesel...but the founder knew that deals of any sort make for great press.
The thing is...if a company produces a commodity product such as diesel, it's not hard to sell that product. If the company produces it, they have a guaranteed market. The hard part is producing at a reasonable cost. For RES Polyflow to herald an offtake agreement with BP as validation, it's highly disingenuous.
Unfortunately, investors hungry for progress and who are financially and mentally invested in a venture often lose their objectivity.
PTOI already has agreements to sell what they produce. XTR Energy, Indigo, Coco Paving, Oxy Vinyls, un-named refineries, etc.... PTOI also has feedstock supply agreements with RockTenn, Madison County, Crayola, etc.... PTOI's founder was striking deals left and right! The failure wasn't in getting feedstock nor selling diesel...but the founder knew that deals of any sort make for great press.
The thing is...if a company produces a commodity product such as diesel, it's not hard to sell that product. If the company produces it, they have a guaranteed market. The hard part is producing at a reasonable cost. For RES Polyflow to herald an offtake agreement with BP as validation, it's highly disingenuous.
Unfortunately, investors hungry for progress and who are financially and mentally invested in a venture often lose their objectivity.
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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.