Plastic2Oil Inc (PTOI)

[Pipeholder]

The really big quesion that we should be asking ourselves is: "Why did Rocktenn enter into any kind of agreement with JBI?"
I understand that some believe that it is a no lose arrangement for the company, but why would they come to Niagara Falls NY, see the process and enter into any kind of agreement?
It would have been easy for them to say no and not waste a moment of time. Regardless of what some think of the agreement, I doubt Rocktenn would enter any kind of agreement without consideration of benefit. I doubt this was vetted at a lower level of management with the thought of "What the heck. If it does not work, we have not lost anything"
I still feel that the agreement was carefully considered, determined at a high level of management, and entered into with thoughts that this would be of benefit to the company and that we had better do it before someone else does.
It still does not preclude that JBI is still not a very risky endevour. I just think we cannot pass judgement until much later.
Years ago, I bought tons of shares of Westort innovation on the premise of their technology. I bought it at $7. I got lots of grief from clients for doing so when it went to about $1. Currently trading at $27 now and going higher.