Plastic2Oil Inc (PTOI)

[underdog150]

Just to pick one, how is this false?
Didn't the company lose $60 million following the dreams of JB?
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a) because it's nothing new. This process has been going on for years. It's just not economical.
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a)false
b)false
c)contradicts a)
d)false
e)check with the TA and you will see....
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a) because it's nothing new. This process has been going on for years. It's just not economical.
b) recycling plastic has become a large scale enterprise now and it is economical. It bypasses the step of turning plastic back to the oil it came from, then back to plastic.
c) several private companies, led by Agilyx, are doing this in a more economical way, with actual chemists and engineers, not stock promoters. They have attracted tens of millions in VC funding from large investors and trash haulers, such as WM.
d) PTOI has no operating processor at this point, has lost money in most quarters just from the cost of goods sold, (negative gross profit), then roughly a million dollars in overhead costs and has large debt, secured by all its assets.
e) its been shown to be a stock promotion and selling scam.

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