Plastic2Oil Inc (PTOI)

[Artiztic1]

Net losses are currently huge almost 3 million last Q alone, the only reason they can countinue is because of the pipes that were issued, how long before they burn threw that pipe and issue another?

Let's hope they can get the three processors running/inspected and approved before Christmas, with enough feedstock in place to keep them running, this remains to be seen.


As far as over paying for the building who knows, what we do know is they paid twice the recorded town assessment/appraisal/ evaluation in a buyers market. They valued the whole she-bang at 180,600 that includes your acreage at 51k. Who knows why he paid - 375,000 for it, maybe it was full of plastic cups.

According to other sources here that place is littered with empty buildings.

http://www.oarsystem.com/ny/niagarafalls/subject.asp?swis=291100&sbl=1600130001008000


Nah...those numbers are as far off base as your 17 million dollar cash burn numbers....not to mention the CEO stated...."nobody cares".....as for room....well let's see how much room there is out there to place machines....i know let's use the calculations you came up with to determine JBII payed too much for the plant they're operating out of....the building?....everything in it that came with it that you know nothing about?.....the OTHER building?.....the acreage?......the infrastructure?...electrical....gas....need i go on?....any idea how much DEAD warehouse/plant space there is like that out there?....don't go into real estate is my advice to you.....