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Re: fourkids_9pets post# 290797

Saturday, 03/19/2016 11:57:49 AM

Saturday, March 19, 2016 11:57:49 AM

Post# of 312102
I wouldn't call it a "fire sale". They knew they didn't need it 5 years ago but let it sit there and rot. They should have sold it long ago.
I really want to see #3 back up and running, prove it works and then sell it. The future is in waste oil, not plastic IMO.



imo 2 reasons ..

first is *selling* is a short term solution that removes a potential cash cow out of P2O's long term equation

second is clearly P2O doesn't *need to fire sale* this asset .. which makes me go *hmmm*

one other aspect that may or may not have *legs* .. *rumor* back in early 2014 .. had it .. that there was a serious
buyer with interest .. take it FWIW .. because as all who interact with me know my mantra .. rumors are just rumors
until they are 8k'd .. but *rumor* had it serious buyer was *observing* the take DOWN of PTOI's pps from Fall of
2013 to early Jan 2014 (35c to 10c to 6c) and *anticipated* and ability to garner an asset for pennies on the $ ..
which *reminded* me of my own belief specific to certain dirty whales .. who i strongly suspect believed they too
could *gain* an asset of P2O's from a severely reduced (and imo illegally manipulated) price per share

http://www.plastic2oil.com/site/sec-filings
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y