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Re: Artiztic1 post# 118465

Sunday, 07/10/2011 7:06:14 PM

Sunday, July 10, 2011 7:06:14 PM

Post# of 312016
To be honest I'd prefer that you respond to the numbers Rawnoc posted which were P2O specific and based on your previous posts, in particular the 17 million, you did make that claim, I'm wondering where the number came from.

P2O net loss was $1.2 million which included $300k in R&D expenses and other contruction expenses and solid waste permit expenses (big bucks to Islechem). In short, it ain't much for a Q with zero fuel sales but production was indeed going on. Like I said, you have to literally make up expenses to make P2O look expensive to run.

$1.2 million net loss including lots of one-timers and R&D and $1.2 million in cash burn is a far cry from your $17 million claim, though I applaud you for bringing that fake number down to a lesser fake cash burn number of $3 million.


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