Plastic2Oil Inc (PTOI)

[dreaminbig]

This SEC thing is a great distraction. If the 1st quarter P2O numbers aren't up to par, can it can be blamed on the SEC and the other conspiracy theories for wasting JB's time? It's not like he's the only person working there.

As of March 13, 2012, we employed 56 persons on a full-time basis, of which 5 were executive management, 7 were in finance and administration, 5 were in sales and marketing, 37 were in operations, 2 were in customer service and support.

Operating Expenses

Fiscal Year Ended December 31, 2011

Selling, General and Administrative expenses $13,790,096

http://www.sec.gov/Archives/edgar/data/1381105/000121390012001206/f10k2011_jbi.htm

So the reality is we do not know how this is going to turn out. And pretending we can from the sidelines seems kind of funny but perhaps par for the course. The really important event in my view is validating with revenue and sales that the business model substantially works as advertised.