Plastic2Oil Inc (PTOI)

[Toxic Avenger]

I find it fascinating that the SA article author has been attacked from every angle, yet virtually every fact he stated has been demonstrated to be true.
The only claims I've seen is that "he hates the company" and "he's shorting the stock". And let's face it, any of us who aren't drinking the Koolaid by the barrelsful are accused of the same thing.

Meanwhile, he's accurately quoting JB and the answer is "Things have changed since JB said that". Isn't that kind of the point of the article?

And he's accused of misquoting RKT. Then when he provides the email exchange it becomes "OK, he's not lying, he's distorting". Then when his attempt to clear up the original "Who's he?" line, it's "Well he didn't try very hard".

So unless someone has evidence that the P2o processor was never supposed to cost $100k or less, that someone hacked the 2009 10K and added the sentence about p2o being in commercial operation in 2Q10, that Javaco was purchased to fund P2O, said they were closing a deal for 45 sites with Sousa, looking to build a floating processor to fix ocean dumped plastic, that the company was going to sell to a refinery that was out of business and the numerous delays that pushed only meager sales during the first 2 quarters of operations, a year late, I'm thinking the article has summarized many factual and valuable points.

I'm quite surprised the company has not responded to the article, asking its partners to at least reiterate their commitment to JBI. Rock Tenn in particular with their seemingly "don't get me involved" attitude is a large unknown, IMHO. Especially after the SEC suit, I would think investors and the company, would want to at least make it clear that at least site 1 is moving forward.