Plastic2Oil Inc (PTOI)

[ponzi_implosion]

At least 25% of each barrel of 'fuel' produced is naptha which costs at least $1.00 per gallon more to produce than what it sells for.

"..The Company continues to make a naphtha fuel fraction as a byproduct of the diesel production at an approximate rate of 75% diesel/25% naphtha.

The HTF (used oil) required for the process costs another $1-2 per gallon.

The plastic has to be pre-sorted, dry feedstock that the company pays a premium for.

If the company could actually produce diesel for $10.00 per barrel, why oh why aren't they doing so? The answer is simple, they can't. The machine and process are a black hole for investors who believe the process works.