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  4. Plastic2Oil, Inc. (PTOI) Message Board

Will they issue a new CFP projection now? As pr

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Post# of 43066
Posted On: 02/11/2013 10:39:43 AM
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Posted By: techisbest
Re: Mikea52 #3977

Will they issue a new CFP projection now?



As previously disclosed, the Company's third processor is currently being assembled at its Niagara Falls plant, however, due to recent fabrication delays, the Company anticipates that this processor will not produce fuel until sometime in the second quarter of 2013. The Company had previously expected to have this processor online during the first quarter of 2013. These delays will preclude the Company from achieving cash-flow positive results during the first quarter of 2013, as previously communicated. The Company intends to provide updated guidance in its upcoming annual report.




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