Plastic2Oil Inc (PTOI)

[retiredptt]

Bordynuik couldn't be a bigger scumbag shithead.


Bordynuik's Reality:

"The Company has experienced negative cash flows from operations since inception, has net losses from continuing operations of $669,550, and $864,518, for the three months ended March 31, 2016, and 2015, respectively, and has a working capital deficit of $6,063,173 and an accumulated deficit of $72,913,648, at March 31, 2016."

Bordynuik's Pump

"It’s a low initial cost per machine, which approximates around 80K. It can process about 20 metric tons of mixed plastics everyday. We are still at about 125 barrels a day and at the west, WTI the — I think it’s about $71 a barrel right now today. We clear $68 with delivery charges in and the clear is about $2.2 million per site. We are doing that business plan on a mass of land rush with our management team, which is good at high-growth models. So, our plan is to launch 2,500 sites over the next few years. This doesn’t include the best scenario, which is really installing a cluster of processors into an oil tanker. Our greatest, so our greatest barrier at this time is how to deal with a 35% tax that we will be having to deal with on the Plastic2Oil sites. We are working on that now"