Plastic2Oil Inc (PTOI)

[tykundegex]

In order for JBII to ever realize any sort of revenues of any proportion a significant capital expenditure will be required as well as a significant investment that will not be capitalized.

One the most compelling reasons to invest in JBI for me was their revenue model -- to establish a network of P2O sites by expansion using a franchise model. The capital outlay is near zero for JBI, and they are not bottlenecked by their own resources. The manufacturer can produce on processor per day (so they claim), and the setup/installation will be documented such that it can be performed by a third party.

So Buckey while I sympathize with some of your points, the one about playing catch-up to the massive P/E is, in my opinion, misguided. I believe JBI will easily have enough P2O sites to justify today's PPS by Q3. So while the PPS is "way way way ahead of itself" based on historical earnings, it's less that 1 fiscal year ahead of itself in terms of future earnings.

But I cannot prove this -- we will have to wait to see if I (and all longs here) am right.

Stu