Plastic2Oil Inc (PTOI)

[buenokite]

Whether PTOI can can survive is certainly in question but profit by product alone is not a valid argument as why they won't succeed.

Putting aside for a moment that the so-called genius behind this technology claimed the process would not just be profitable but wildly profitable, you are correct. The biggest problem with John Bordynuik's pyrolysis efforts is not profitability but the fact it cannot handle unwashed, commingled plastic (see Madison County) and much worse even with expensive purchased optimal plastic and large amounts of purchased HTF the machines still barely ran. That is what every single filing has told us.

And processor #3, the supposed flagship, has run the least out of all the processors. And there have been zero production runs from December of last year when the machines supposedly broke until August of this year. How are they proving the process to potential new customers like Heddle mentioned at the AGM?

I can just see Bordynuik telling a potential customer, "Now just close your eyes and picture if you will this broken machine accepting unwashed, commingled plastic and doing extended runs at reasonable throughput." And the client in disbelief saying "I can't use my imagination as proof these machines work." And Bordynuik frustrated, just shaking his head while muttering, "What is wrong with you? Our last remaining shareholders do exactly that all the time!"