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  4. Plastic2Oil, Inc. (PTOI) Message Board

Yes, there has been absolute blatant fraud at PTOI

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Post# of 43066
(Total Views: 363)
Posted On: 11/30/2018 10:40:44 PM
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Posted By: PaperProphet
Re: Stockmeiser #40512
Yes, there has been absolute blatant fraud at PTOI, some charged and some not. I think most investors want very badly to keep believing in PTOI possibly because if they stop believing then their losses become solidified.

Yes regarding the disregard for PTOI's constant failure. That gets some lip service but the predominant theme on this board seems to be that shareholders believe naked short sellers and other evil entities are the real culprits responsible for PTOI's flagging share price. The CEO gets a pass for the most part--he puts out BS press releases but still gets admiration from shareholders. In 2013 the processors apparently permanently broke and the CEO didn't disclose that for six months but I haven't heard any shareholder ever complain. That lying by omission by the CEO seems like another slam dunk fraud charge against PTOI but shareholders typically don't show any concern when the CEO lies to their faces.

As far as offshore, offshore wind and wave energy has been something which people have 'worked on' for decades. Wind causes waves, except tidal, so wind is the more direct energy source than waves and there's still enough cheap land where it *usually* doesn't pay to put a wind farm off shore. Electrical power can be produced anywhere and transmitted almost anywhere so the best place for a windmill is on land, where land is cheap and wind plentiful. Be careful on those companies. And if it's a penny stock, the median loss in penny stocks is over 30% per year according to one study which seems at least close so be extra careful. Many, many scams have message boards, each with enthusiastic shareholders gushing about the prospects of the companies because they all believe they've found the diamond in the rough real deal penny stock. They rarely turn out well.


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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.




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