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you are correct, we need those big boys that will buy franchise zones, or country zones. I hear that we might already have one of those boys on board. If true and announced it may spread like wild fire. That's where the human capital comes into play. The required organization to handle the organization
that remains to be seen. The P2O need is there and if the first major city goes well, others will be calling. The human capital is always the most critical on a fast growing company, not the other way around. Lets see how John handles it.
revenue? I think that is more like profit, 500K/month
grant, 2 days of business generated .0004 in profits, so 250 day will generate .05/year. Now add the Cambridge office and the companies being acquired and the P2O business and multiple shifts in the tape business
I hope you hearing the same as we are
yes, it sounds like it is too good to be true, and in otc world that smells like scam to alot of people. So ongoing efforts PRed will change their perception and eventually the numbers will convince them. I can tell you that based on my calculations our 3 month FPE with no oil is now around 5. This is based on the current tape business and the acquisitions that will take place over the next 2 weeks. With oil is well bellow 1 on a 2 year FPE. Regardless of the people that believe or not, the PPS will move on its own merits. IMHO this is multi million dollar company in the making. The NY franchisee is rumored to open dozens of plants in the state. Mutual funds are taking notice.
i will be posting pictures next week, both of the oil machine and the computer room and facility at large
we have a major north american city, now 1 of the 3 car makers, the all state of new york being franchised. This is a freight train starting to move
and without Cambridge that will add 3 million in gross profits alone
I also hear a franchisee to the all state of NY
$3,850,000 in revenue, what are you talking about? The cambridge office will have no R&D costs.
I hear one of the big 3 car makers will be supplying us with scrap plastic
we're already taking metals from tires
I estimate 3 million in profits from the tape processing in Cambridge alone, as it will be able to process at last 700 tapes/day on 1 shift. You do the math at 700 * $22 * 250 days
at least in 1980 when I started in IT they were plastic
.0044 profit in 2 days of operation, without the Cambridge office, without the chemical cmpany, without the P2O
8K on Edgar. Take a look at the exhibits
hold on to your seat, the race is going to start tomorrow 7am
about a question i got on polluted water. The water comes from burning the propane extracted in the P2O process, and it is pure water vapor, along co and co2. The other water used is only to cool the processor, like in a nuclear reactor and never touches the chemical components. So there are no issues with polluting the environment.
running away from the shark
only the selling MM can really tell you how many shares they have. I've worked on the exchange trading software, i know that for a fact
got an email, claiming something big is going to happen and recommending the stock as a buy. We know john hates stock promoters and refuses to work with them, so something must have leaked
the 8k has been filed and is waiting for SEC approval
i heard that too, but with the Obama push to move to green technologies, a low price oil would kill it like it did before. I think is in the best interest of our country for oil to be priced very high (if you think like I do that is a national security issue)
my estimate on current profits (adding the chemical company) and without the P2O business we are probably running on around 5 million/year
I hear those, or part, are going to be used to buy the chemical company that will bring more millions into our profit side (in addition to the profits on the tape business)
he should DD before assuming. If he can find issues in his DD, please come forward
who's the 100th that is getting a John signed picture? LOL
Risicare, I am answering some if your questions, if not all.
John Bordynuik attempted to take his tape company public. Please search Edgar on his name. He took the wrong advise and bought one of those fake companies to do that. So he decided to follow the shell path and "bought" his JBI company via TRTN and took it public this way. Unlike what you think, the tape business is big and growing. It's almost a cash cow. How do I know that? Well, lets say that next month that part of the business is going to be moved to Cambridge, MA and I'll be working in there (I'm not yet an insider, but I will be at that point and will quit posting here).
The original JBI company was started with seed money of John friends and family. Those investors also bought shares in TRTN. The vast majority of the shares not bought by John Bordynuik were bought by those people from the VC. The leftover shares on the float is estimated to be from 2 to 3 million, depending on who you talk to. John shares are restricted and his investors are not selling, I can assure you of that.
Who is selling now is the original VC that kept a few shares and are depressing the PPS by selling them. But they will be done soon.
Now about the P2O process. Unlike your claim that noone being able to do it you're incorrect. There is a processor in production in India since 2006. You maybe referring to all the scams floating around OTC/PK. The last one was referred in here of a company with $480 in the bank. Unlike those, John has direct access to MIT brain power, has the cash and access to old research. When he moves to go public, he wanted to monetize that research. You may believe it or not, scams are 99% of OTC/PK. But you would know this is not the case if you did any research on the man behind this company. You (and myself I should add) run into a fast talking scam artist that sets up a get rich scheme by selling shares on a project he sells to the market but has no idea on how to implement.
Starting next week we'll see alot more info on the P2O process. We'll see the chemical analysis, the announcement that we will be processing plastic and tires of a major north american city, the purchase of a huge warehouse, the purchase of a chemical company, the involvement of mutual funds with the company, more big tape processing customers, name and symbol change. This company is already making a profit.
It's your duty to do DD before you buy any share of any company. Please do DD on TRTN. Do not assume this is a scam because of fast talking salesman, AKA CEO, you have dealt with in the past. Please do DD, like we all here have and you'll be surprised.
ask mickey
the next 2 weeks will be very exciting as the company is working in a few developments that either add big to what everyone knows and expects or will surprise everyone in a very good way. IMHO, and the opinion of most in this board, this is a multi billion dollar company in the making.
the 100th will get a signed picture of John LOL
they'll have a story to tell their grand kids Lmao
every scam out there wants to move to nasdaq. we all know that. That is why people should DD the company and in particular John Bordynuik, the 175 IQ geek genious with a strong business awareness. They will notice that TRTN is nothing close to the OTC scammers that promise this and the other world on business plans full of s**t. This is the real thing, like a handfull of others that have also started on OTC and are now multi billion dollar companies,
rce, I would add that is unusual a profitable company on OTC, that is why it has been so hard to get the point across many ihubers that look at us with suspicious eyes
and while profits finance the Plastic to oil business expansion and the 10 million shares in the treasury finance the chemical company and the other unknown company purchases. Everything without a single share of dilution and no stock promoters.
john told me aug 15th is the due date, but in today PR's there's a hint that it will be sooner.
"this acquisition has made us profitable immediately and will be detailed in our quarter financials that will be released shortly".
The 10-Q you refering as late was filed 5/20
trust me, you haven't seen nothing yet. The required organization is being put together at a fortune 50 speed. Those selling/not buying will be chasing this baby IMHO. I still stand by $5 PPS by month end. We alreay have niagara on both sides of the border. Now just imagine if a major city signs up... 100 tons of plastic/tires per day?
and that is very good news. I always associate DOMS with block buying/selling, AKA institutional.
and our friend DOMS is one of them