Plastic2Oil Inc (PTOI)

[buenokite]

The things I talked about have nothing to do with whether you are a startup or a Fortune 500 company. If you have investors even as a private company my point was you must be honest. Honesty applies to any and all companies regardless of size. If you announce a deal that does not work you tell people early and you tell them why. Lying by omission is not acceptable. Has the company EVER explained why they did not do the RKT deal? The Heddle ship deal? The Ohio deal? The 45 sites in Florida? Oh there have been theories created but what has the company ever said?

When you say you are going to do mid-quarter updates you do them. Or you explain to people why you are not going to do them. But you don't have to be a Fortune 500 company to know not keeping your word destroys your credibility with real investors.

If you have an AGM and declare publicly that your machines are ramping and they break a week or so later you tell investors. You do not wait 6 months allowing those that know to sell while leaving many investors in the dark. Being a startup is not a license to do business dishonestly. Omitting to tell investors in a timely way that the machines broke is the height of dishonesty.

And finally the idea that we will "know" one way or the other in 3 months defies my experience with TRTN/JBII/PTOI. EcoNavigation does not have to buy a machine for 3 years. Do you think a company that lies through omission about broken machines will be honest about their pilot?