Plastic2Oil Inc (PTOI)

[loanranger]

I believe the words that the CEO used in December were "processors 4&5 are approximately 75% complete".

I think we know what he meant by "processors" and if all that was left to do at that point was "hooking up the processor at the buyers site (plumbing, electrical, gas lines, tanks, computer system etc.) I'm reasonably certain he would have said that "processors 4&5 are complete" and are "immediately available".

He didn't.

In fact, while there have been several opportunities for him to do so, he has NEVER uttered the simple words, which would leave little room for misinterpretation: "Processors 4&5 are complete."
If that was true it would be an incredible disservice to shareholders for him, approaching a failure of his fiduciary duty, not to make it known.

He hasn't.

These are the words he chose to use on March 18th:
"It is our shareholders who have always been the cornerstone of our potential as they have helped us advance our state-of-the-art Plastic2Oil® technology from concept to scale to our immediately available "Flagship Processor.”"

The term "Flagship Processor" has only been used in reference to Processor 3. If he meant that Processor 4 was immediately available and he REALLY wanted people to understand him, he would have said:
[b...from concept to scale to our immediately available "Processor 4.”.

He didn't.


Running on fumes.