Although I feel your overall perspective is too negative on the potential success of this business, you do raise some important points. I personally don't believe that you are part of the NR "enemy". (However, I could be wrong!)
I actually hope that you are right that the electric vehicle business continues to grow and that as a planet we start decreasing our use of plastic and gas. However, I don't think that these are obstacles to P20's success because the use of plastic and gas/diesel fuel is not going to substantially diminish any time soon. Plastic is too convenient, light, cheap and useful to abandon its use completely. I doubt alternatives to plastic will ever completely take over. And we still need to remove from our planet a substantial load of the overwhelming amount of plastic that already exists. And there is WAY too much money involved in gas and oil usage for it to ever go away. I would be thrilled to see it go down even as little as 20% within the next 5 years to help out our planet's and future generations health!
BTW, where do you think the majority of the energy to produce electricity comes from?
Like yourself I am holding on to my shares, but I am thinking positive and rooting strongly for P2O to finally make the potential of a good first sale a reality. I would think that the overwhelming majority of LT investors are doing the same, just quietly.
I still can't fathom the hidden reasoning behind why it is taking so long for a first sale to occur for this company, but I understand why it needs to be hidden. We don't need to add any more fuel to the forces that clearly want this company to die.
I admit to being drawn in to the hype around being able to process all "unwashed, unsorted plastic waste" which perhaps the machine can do, but I'm thinking probably not at a reasonable profit/ROI. Lack of an industrial business background led me to jump on that bandwagon too soon.
I wish that I had the money back that I invested early on because after following this story for over 8 years, I would absolutely invest a much smaller amount of it to get the same substantial share position that I have now! I won't be any where near Bezo rich if and when my investments in PTOI as a whole become green and grow substantially from there, but it will make me a VERY happy man.
This current sale opportunity has the most feel of reality to it than any that have been touted in the past. This company wouldn't exist without JB, so I am willing to forgive him his overenthusiastic and naive blathering that occurred early on. It's harder for me to forgive RH for taking so damn long so get this thing going, but I do believe he is all-in. He is wealthy enough to take his sweet time doing this his way, and the company wouldn't exist without him also. And I agree 100% with 4k that the PTOI stock wouldn't exist without the fierce determination of the LT investors to hold on to what shares they have, buy some more when the price is cheap and funds are available, and see this thing through to the end.
I am very optimistic now that our potential buyer has government ties and access to a company that specializes in sorting "unwashed mixed plastic waste" into whatever type of relatively clean plastic feedstock is desired. The wheels will slowly grind to make this first sale a reality.
I believe that it makes the process easier, but I'm not sure just how critical it is to have lots of HTF on board for the machine to process a relatively clean feedstock. I thought for sure that processing crayons would be easy and profitable. Crayola certainly seemed to initially think so but "whatever" - it is ancient history now. I wish JB would give us the answer to this particular HTF question. If anybody reading this knows the answer for sure, I would love to hear that via a private method.
I do greatly appreciate your honest sharing of whatever activity you have seen onsite in the past and report to us in the future.
BTW, I anticipate the bashers coming to ridicule and twist the content of this post within 2-24 hours of it coming on-line. Just don't anticipate a reply from me.
I actually hope that you are right that the electric vehicle business continues to grow and that as a planet we start decreasing our use of plastic and gas. However, I don't think that these are obstacles to P20's success because the use of plastic and gas/diesel fuel is not going to substantially diminish any time soon. Plastic is too convenient, light, cheap and useful to abandon its use completely. I doubt alternatives to plastic will ever completely take over. And we still need to remove from our planet a substantial load of the overwhelming amount of plastic that already exists. And there is WAY too much money involved in gas and oil usage for it to ever go away. I would be thrilled to see it go down even as little as 20% within the next 5 years to help out our planet's and future generations health!
BTW, where do you think the majority of the energy to produce electricity comes from?
Like yourself I am holding on to my shares, but I am thinking positive and rooting strongly for P2O to finally make the potential of a good first sale a reality. I would think that the overwhelming majority of LT investors are doing the same, just quietly.
I still can't fathom the hidden reasoning behind why it is taking so long for a first sale to occur for this company, but I understand why it needs to be hidden. We don't need to add any more fuel to the forces that clearly want this company to die.
I admit to being drawn in to the hype around being able to process all "unwashed, unsorted plastic waste" which perhaps the machine can do, but I'm thinking probably not at a reasonable profit/ROI. Lack of an industrial business background led me to jump on that bandwagon too soon.
I wish that I had the money back that I invested early on because after following this story for over 8 years, I would absolutely invest a much smaller amount of it to get the same substantial share position that I have now! I won't be any where near Bezo rich if and when my investments in PTOI as a whole become green and grow substantially from there, but it will make me a VERY happy man.
This current sale opportunity has the most feel of reality to it than any that have been touted in the past. This company wouldn't exist without JB, so I am willing to forgive him his overenthusiastic and naive blathering that occurred early on. It's harder for me to forgive RH for taking so damn long so get this thing going, but I do believe he is all-in. He is wealthy enough to take his sweet time doing this his way, and the company wouldn't exist without him also. And I agree 100% with 4k that the PTOI stock wouldn't exist without the fierce determination of the LT investors to hold on to what shares they have, buy some more when the price is cheap and funds are available, and see this thing through to the end.
I am very optimistic now that our potential buyer has government ties and access to a company that specializes in sorting "unwashed mixed plastic waste" into whatever type of relatively clean plastic feedstock is desired. The wheels will slowly grind to make this first sale a reality.
I believe that it makes the process easier, but I'm not sure just how critical it is to have lots of HTF on board for the machine to process a relatively clean feedstock. I thought for sure that processing crayons would be easy and profitable. Crayola certainly seemed to initially think so but "whatever" - it is ancient history now. I wish JB would give us the answer to this particular HTF question. If anybody reading this knows the answer for sure, I would love to hear that via a private method.
I do greatly appreciate your honest sharing of whatever activity you have seen onsite in the past and report to us in the future.
BTW, I anticipate the bashers coming to ridicule and twist the content of this post within 2-24 hours of it coming on-line. Just don't anticipate a reply from me.
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