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  4. Plastic2Oil, Inc. (PTOI) Message Board

Question: You expect PTOI to sell a processor that

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Post# of 43066
(Total Views: 329)
Posted On: 03/31/2018 10:59:08 PM
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Posted By: JBI_Share_Hoarder
Re: Capitalgain #39197
Question: You expect PTOI to sell a processor that they never proved worked because Rick shut it down as soon as it got started and they shut it down because it is too expensive to run? And you still think they are going to sell a processor or a cluster of 3 at $2+ mil each? Speaking of an ounce of intelligence......

Rick came in as CEO when the sp was around $0.50. Why didn't he raise money then to keep PTOI going and running HTF? Have they ever applied for a government grant to get $$$?

FYI: Every since I have followed PTOI's shorts its been bouncing between 5,000 and 6,000 shares so you can throw that theory out the window.

Quote:
Because they had no money, and as such wanted to focus on sales instead, running the facility was way too expensive at that point in time, and as the share price was constantly being manipulated down, it made no sense to dilute to the tune of hundreds of millions of shares to raise cash, especially as that was exactly what the shorts were aiming for.

Now that the question has been answered, you can stop asking it multiple times every bloody week, it really is self explanatory for anyone with an ounce of intelligence



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