Well, if I'm right and PTOI is worthless then it d
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Posted On: 10/13/2019 9:44:58 AM
Well, if I'm right and PTOI is worthless then it doesn't matter whether someone purchases at $2 or $0.02--it would still be a 100% loss over time.
You're right that at some point PTOI will land a deal. In fact they've landed dozens already. RockTenn, U.S. Steel, Nuxilo, Veridisyn, EcoNavigation, Clearwater P2O, Ohio P2O, 45 sites with Al Sousa, Indigo, Coco, Pak-It, Javaco, XTR Energy, Somerset Refinery, Oxy Vinyls, Crayola, etc..., etc.... The deals just always vanish and shareholders are seldom told why the deals never come to fruition.
It seems like PTOI is very motivated to sell a processor--the alternative is let the processors sit and rust so PTOI should be very willing to negotiate. According to PTOI's last representations, the processor is "revolutionary" and can produce 218 barrels per day of fuel at a cost of under $10 per barrel. Customers should be highly motivated to buy something for $3M which can pay for itself in six months.
So forget about the cost of plastic procurement and the math for a second. With PTOI highly motivated to sell a processor and purportedly such an incredible value proposition to motivate customers to work with PTOI, why do you think every one of the dozens of deals PTOI had all fell flat?? Don't you think there might be something wrong besides just bad luck?
I can tell you I would be a buyer of a processor, no hurdles in the way, if PTOI could provide evidence of their representations about the processor. I would happily plunk down the cash for an investment which paid itself back every six months.
Likewise PTOI saw $23M of losses just over the past six years with Mr. Heddle as CEO and Mr. Heddle wouldn't carve out a paltry sum of those $23M in expenses to fix the freeze damaged pipes. That should tell you something. Presumably Mr. Heddle likes to make money too and if he believed paying to fix the freeze damaged pipes would yield $3M every six months or even a tiny fraction of that, he would have done so.
Can I ask what continues to make you so optimistic about PTOI's future? What makes you believe that PTOI's processors are worthwhile to run?
.
You're right that at some point PTOI will land a deal. In fact they've landed dozens already. RockTenn, U.S. Steel, Nuxilo, Veridisyn, EcoNavigation, Clearwater P2O, Ohio P2O, 45 sites with Al Sousa, Indigo, Coco, Pak-It, Javaco, XTR Energy, Somerset Refinery, Oxy Vinyls, Crayola, etc..., etc.... The deals just always vanish and shareholders are seldom told why the deals never come to fruition.
It seems like PTOI is very motivated to sell a processor--the alternative is let the processors sit and rust so PTOI should be very willing to negotiate. According to PTOI's last representations, the processor is "revolutionary" and can produce 218 barrels per day of fuel at a cost of under $10 per barrel. Customers should be highly motivated to buy something for $3M which can pay for itself in six months.
So forget about the cost of plastic procurement and the math for a second. With PTOI highly motivated to sell a processor and purportedly such an incredible value proposition to motivate customers to work with PTOI, why do you think every one of the dozens of deals PTOI had all fell flat?? Don't you think there might be something wrong besides just bad luck?
I can tell you I would be a buyer of a processor, no hurdles in the way, if PTOI could provide evidence of their representations about the processor. I would happily plunk down the cash for an investment which paid itself back every six months.
Likewise PTOI saw $23M of losses just over the past six years with Mr. Heddle as CEO and Mr. Heddle wouldn't carve out a paltry sum of those $23M in expenses to fix the freeze damaged pipes. That should tell you something. Presumably Mr. Heddle likes to make money too and if he believed paying to fix the freeze damaged pipes would yield $3M every six months or even a tiny fraction of that, he would have done so.
Can I ask what continues to make you so optimistic about PTOI's future? What makes you believe that PTOI's processors are worthwhile to run?
.
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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.