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  4. Plastic2Oil, Inc. (PTOI) Message Board

It is good to see so many shareholders catching up

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Post# of 43066
Posted On: 02/12/2013 8:14:10 AM
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Posted By: techisbest

It is good to see so many shareholders catching up to my point of view.  Why hasn't the company been making money with the technology it has? The question became more relevant once they had a second building.  The excuse that they can't run processors while they are building a new processor does not hold much weight.


The problematic answer may be that it can't do it profitably without additional changes to the system. And then the question becomes will they ever be able to?


Apparently "very well" or even "very, very, very well" is not good enough.


OTOH - why would Madison county hook the future of its plastic waste recycling to a system that they did not believe would work?


Only fabrication issues?  Does that make sense to anybody? It only makes sense to me if they keep changing the design and need to fabricate new parts to test out.


It is disturbing that they used the term "near future".  That type of phrasing has not worked out well for me in the past with other companies.  The "near future" or "soon" never seems to come.


So frustrating.



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