"Pursuant to the first purchase order, for which t
Post# of 43066
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Posted On: 10/22/2019 2:24:12 PM
"Pursuant to the first purchase order, for which the company is awaiting initial funding of the purchase order, the Buyer ordered two (2) processors for Six Million Dollars ($6,000,000) with an initial payment of Three Million Dollars ($3,000,000)."
Looks like the money is very, very close if the CEO is to be believed. Nulixo already ordered two processors...but the initial payment hadn't made it to PTOI's bank account as of October 2.
So almost three weeks later PTOI should let investors know the status of that initial payment. Presumably the check is at least in the mail. Did the check get returned to Nulixo because the stamp fell off? Did PTOI receive the check but Nulixo forgot to sign it?
While it's great that PTOI has such incredible pricing power that it can raise the price of a processor by 50% from $2m to $3M without ever having sold a single processor to anyone despite being in business for well over a decade, there seems to be some unknown issue with getting a buyer to actually pay for one.
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Looks like the money is very, very close if the CEO is to be believed. Nulixo already ordered two processors...but the initial payment hadn't made it to PTOI's bank account as of October 2.
So almost three weeks later PTOI should let investors know the status of that initial payment. Presumably the check is at least in the mail. Did the check get returned to Nulixo because the stamp fell off? Did PTOI receive the check but Nulixo forgot to sign it?
While it's great that PTOI has such incredible pricing power that it can raise the price of a processor by 50% from $2m to $3M without ever having sold a single processor to anyone despite being in business for well over a decade, there seems to be some unknown issue with getting a buyer to actually pay for one.
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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.