Plastic2Oil Inc (PTOI)

[Arthur Edward Whoof]

I don't doubt that JBI will find a way (legit or otherwise) to create the impression that this is commercially viable. (legit meaning everyone involved saved and hand sorted all of their trash for the past 5 years)

That doesn't change the fact that the value of the plastic needed to run the machines is worth MORE than the value of the oil that they can make from that plastic.

It doesn't matter how many machines are running at a loss it still adds up to a net loss.

It doesn't matter how great of a catalyst they may (or may not have). You still can not make more money than you put in for any sustainable time.

The ability to fake it for a short time is certainly there.

The long term commercial viability is simply not possible when the price of plastic on the recycle market exceeds the value of the oil that can be made from it.



There are still millions of shares out there that sold for $5 and above, and from what I am led to believe, there are also millions of shares that were given away for free or at a significant discount. Those that bought shares above $5 have a lot of ground to cover just to break even... those that have shares that were free or way below $1 are no doubt going to cash in at some point and cause price instability. I am guessing that this stock is a flippers dream.

Unfortunately time is no longer on JBIs side because it will eventually be revealed that the basic profitability model is flawed... and when that happens the gains will be wiped out with a mass exodus.


Plastic is made from oil
Plastic has more value than oil
Plastic can be made from old plastic
The price to make new plastic from old plastic (recycling) is more than the value of the oil
therefore;
Turning plastic back to oil is not profitable
If it was profitable,
It would be MORE profitable to turn the plastic back into more plastic NOT back into the oil it came from (with losses to do it along the way).

How difficult is this to understand?

If it was cost effective to make oil from waste plastic,
there would be no waste plastic,
because it would all be recycled for MORE MONEY than turning it into oil.