Plastic2Oil Inc (PTOI)

[buenokite]

JB, however, was unable to establish a viable business model and has since lost credibilty as a company director.

A few points here. I thought Heddle was the CEO for the past 18 months?? How has it not been his job to establish the business model? And your point about company director is even further off the mark as he has been banned from being an officer and director since 2012. Finally if you have a machine that can process unwashed, commingled plastic at a reasonable throughput and uptime why is all this business model tweaking even needed? I mean if the machine truly worked as described it would be truly a ground breaking achievement. You could either run the machines or sell them very easily.

The fundamental problem is the machines have never been proven to work at a reasonable level. That is a fact. If you disagree point to even one filing where they ran the machine to the point it passes the laugh test.

They have a deal with EcoNavigation. My guess is nobody can even name the three principals of the company. Why do you think that is the case?