Plastic2Oil Inc (PTOI)

[snow]

Pipeholder

The Third processor was supposed to demonstrate that it had a throughput that was high enough to be viable financially. We were not told how much it produced but it cannot have been much since total Production was so low. Since it had little downtime this speaks volumes about throughput. The implication seems to be that there is not much chance of JBII turing a profit next year. This means a vicious circle since more shares will have to be sold to keep going at a lower and lower pps which means more and more dilution.