Plastic2Oil Inc (PTOI)

[Toxic Avenger]

I certainly don't think it's "about to go cash flow positive".

Neither does the company. From the latest 10Q (my bolding): "The Company will continue to require substantial funds to continue development of its core business of Plactic2Oil to achieve permitted commercial productions, and to commence sales and marketing efforts, if full regulatory approvals are obtained. Management’s plans in order to meet its operating cash flow requirements include financing activities such as private placements of its common stock, issuances of debt and convertible debt instruments."

So I would expect the O/S to continue to grow until PIPEs refuse to put in more money. If and when that happens, then the convertible debt instruments, very likely death spiral convertibles, get issued, and the PPS steadily declines.