Plastic2Oil Inc (PTOI)

[Rawnoc]

Dead wrong. From the most recent 10Q:

"Machinery and office equipment 1,591,973"

That includes everything at Javaco and PAKIT. They had around $600k in "machinery and office equipment" before there even was a 20 ton processor in existence so everything since 20 ton P2O began has capitalized at a cost of less than $1 million. That above figure also includes at least two more 30 ton drums and various parts for additional processors.

That's proof right there in the financials that it's impossible for the processor to cost over $1 million as the total carrying cost of EVERYTHING p2o equipment related is still under $1 million including two additional drums, more parts, and whatever machinery they bought for PAKIT.