Plastic2Oil Inc (PTOI)

[jjsmith]

ANOTHER BOMBSHELL..company inadvertantly proves they can't make fuel for their claimed $10 per barrel yet doesn't inform shareholders that their stated $10 per barrel cost is way off. The machine can only process 2,000 lbs per hour according to the conference call. According to the CEO 40,000lbs creates 110 barrels, therefore 2,000 per hour would create 5.5 barrels.

He admitted that two employees were need to run the processor at $25/hour (just happens to be the same number I claimed). That comes to $50 per hour plus feedstock, overhead and all other variable costs. So he must squeeze all other costs into the $5 left per hour or his $10/barrel claim will not be even close to correct. Unreal.

Anyone call the company to find out what happened to amy and why shareholders weren't informed or her departure, or vasquez, or seneca, or kaplanis? I have never heard of a company that doens't announce when top level executives leave. Very strange.

I think you are mistaken. I believe it was Katie at the beginning, not amy. Every other call it was katie and it sure sounded like katie to me.

We don't know that she left, she was the voice we heard at the start of the conference call last night at 4:30 pm.

Because it wasn't just minor employees. We now have 4 TOP LEVEL EXECUTIVES GONE.

Why would John talk about an active lawsuit? Why is it a BOMBSHELL when/if someone leaves a company? Whether anyone likes it or not, JBII is going to be HUGE. One step at a time. Holding strong here.