Plastic2Oil Inc (PTOI)

[rocketeer357]

People leave jobs all the time for a variety of reasons, most of which, out of professional courtesy and protocol, are never disclosed to the public.

What's amazing to me is, what was JBI was doing with all their P2O juice for the past 9 months? If the machine was indeed regularly running, they must have stockpiled a lot of liquid. Surely in that time they explored and attempted to make a commercially viable blend. And if you accept that premise, than hiring on the new guy isn't all that fantastic an omen; after all, we've been told all along that the P2O juice is essentially gas, diesel or something very, very close to it. 9 months later, we get a CC that doesn't state that JBI has a sell-able product.

Why the PPS hit the skids today is IMO a simple reflection of the above. No sales, no contracts, no mention of how much is currently held in the tanks and little insight about the current $$ rate.

Cash is a burnin' at JBI, and it's a race between selling something and dipping into the ugly funding well again.