Plastic2Oil Inc (PTOI)

[the big guy]

JB needs to stop reminding and get to it. This "temporary" situation has lasted for 2 years. I started posting at the beginning of 2010, and what has really changed?? one thing that has changed is that the promise is alot dimmer. Most of the really outragious promises, like having 2500 processors in a year or two, "land rushes", P2O ships, etc... LOL have subsided.

What we have is... more permitting!!! I think investors have had enough of that.

They are 1-2 years away from having all 3 processors up and running. What ever they do takes capital, whether they build #2 or #3 or build on RKT property. Time is running out.

The last PR should be a big disappointment. It shows the lack of a plan for success.

Processors 1-3 should take about 6 months, maybe 1 year at most. The first one should have been built first and used as a test bed to ensure it is profitable. NOt perfect, but profitable. the lessons learned should then have been built into 2 and 3.

Permitting should have been investigated thoroughly first. Not only for the stack, but in the yard, load-out, etc... They should have been talking to the DEC for a year or two before they even started.

Just sayin'