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Re: Doubledown75 post# 15871

Monday, 06/22/2020 3:51:29 PM

Monday, June 22, 2020 3:51:29 PM

Post# of 16015
P2O is doable and is being done. But it is not profitable. It would have to be subsidized by the Govt. If there was money in it the big oil companies would be heavily involved.

It wasn't profitable at 60 dollars per barrel and it it barely clinging to 40.

Geth is going to go bankrupt. Anybody putting money in this better have an exit strategy. This is a flip at best. And I have no idea why anybody would be trying to flip a bankrupt ticker anyways.

But more power to those that do......