Replies to post #274649 on Plastic2Oil Inc (PTOI)

[buenokite]

This is a great post and I agree with you.

Where is the $250K processor that can convert commingled, unwashed, waste plastic into oil for $10 a barrel at a rate of 1000lbs/hr?

In fact I would even argue the cost per barrel could even by closer to $50 or even higher. The major problem with these machines like you say is just getting them to run consistently. And so far they cannot even do that with what they describe as optimal, purchased plastic and lots of purchased HTF.

[fourkids_9pets]

what i find interesting

with mgmt's intent to sell prox
is thinking all potential buyers will move in lockstep
they don't and they won't
even more realistic is they'll have data from many sources
that can't be impeached including the national co. noted via
mgmt's last update on 7.1.14

personally i suspect the first round of sales
will be done at a discount to what future prox sold will be

(it's an emerging tech with the only publicly traded co. trying to
get their foot in the initial doors)

i also believe after the first 10 to 12 are sold ..

prox will be tweaked for those buyers who don't need the beast's size (flagship)

interesting to note that executive summary used 600 sites


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107032795

i've always seen flexibility re: sites as the LT play for P2O

here's to what mgmt updates and files next :)

4kids
all jmo

[waikikian]

That about says it all! See you in NF. :-D

[jcoukr]

Fantastic Post!! A lesson that I have learned from this is words can be very strong so be very cautious and use them properly.


Simple fix for John would have been inserting the words "our companies goal" before all the bullshit claims he made.

[MorningLightMountain]

for those keeping score, it once was claimed to be an $80K processor (that's only 1% of the now touted $8M based on Madison county "DD"....100 times greater price tag now if one uses The Memos from Madison County as the new metric)......

great post about keeping it "real"......worthy of its sticky status....

It goes both ways. Hundreds of people spent their hard earned money and some their life savings buying stock in this company only to see it drop from dollars to pennies in a few short months.
Many who bought this stock spend countless hours at their own jobs to earn retirement money that they used to buy TRTN, JBII, PTOI based on high hopes from what JB claimed he could do and was doing only to see it vanish.