>>"I don’t think everyone knows just how much yo
Post# of 43066
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Posted On: 11/23/2019 9:07:35 AM
>>"I don’t think everyone knows just how much you’ve done for this company and how valuable you’ve been from keeping us from sub-penny/bankruptcy.
Over the years your efforts have been invaluable - investors and PTO should be extremely grateful for everything you’ve accomplished.
Thanks so much."<<
I personally would love to hear how any poster was instrumental in keeping PTOI out of bankruptcy. I don't get the impression that the message boards have that kind of power.
It seems to me what kept PTOI out of bankruptcy was equity financing and a structure which precluded bankruptcy. The CEO's loans to the company were under his control and he could spend the money as he saw fit while even today he still has autonomy to do as he wishes--no need for a bankruptcy court to step in to mediate or mandate between the creditors and debtors if it's the same person on both sides.
The directors' loans mostly aren't due for a while and it seems unlikely they would ever force PTOI into bankruptcy anyway. Most of all, there would be little point in any creditor forcing bankruptcy until PTOI gets some assets which would stick around at the company long enough to go through a bankruptcy proceeding.
If you're looking for valuable information...the true value is a piece of information routinely rejected by the longs; the cost of plastic. The price of scrap plastic or the cost of precuring "free" plastic almost entirely precludes the chance of profit even before operating costs. Additionally the environmental benefit of converting plastic into fuel over simply recycling plastic also seems non-existent. The math is key here.
That math makes it clear that the only question regarding the latest 'Nulixo' deal is whether the deal will be dead in the water in 2020 or in a later year. In the interim, shareholders will continue to pass money back and forth to each other in a zero sum game...which is truly zero sum now that most brokerage commissions are free.
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Over the years your efforts have been invaluable - investors and PTO should be extremely grateful for everything you’ve accomplished.
Thanks so much."<<
I personally would love to hear how any poster was instrumental in keeping PTOI out of bankruptcy. I don't get the impression that the message boards have that kind of power.
It seems to me what kept PTOI out of bankruptcy was equity financing and a structure which precluded bankruptcy. The CEO's loans to the company were under his control and he could spend the money as he saw fit while even today he still has autonomy to do as he wishes--no need for a bankruptcy court to step in to mediate or mandate between the creditors and debtors if it's the same person on both sides.
The directors' loans mostly aren't due for a while and it seems unlikely they would ever force PTOI into bankruptcy anyway. Most of all, there would be little point in any creditor forcing bankruptcy until PTOI gets some assets which would stick around at the company long enough to go through a bankruptcy proceeding.
If you're looking for valuable information...the true value is a piece of information routinely rejected by the longs; the cost of plastic. The price of scrap plastic or the cost of precuring "free" plastic almost entirely precludes the chance of profit even before operating costs. Additionally the environmental benefit of converting plastic into fuel over simply recycling plastic also seems non-existent. The math is key here.
That math makes it clear that the only question regarding the latest 'Nulixo' deal is whether the deal will be dead in the water in 2020 or in a later year. In the interim, shareholders will continue to pass money back and forth to each other in a zero sum game...which is truly zero sum now that most brokerage commissions are free.
.
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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.