Replies to post #283080 on Plastic2Oil Inc (PTOI)

[100% CORRECT DD]

Well do I have some amazing news for you!!!!! You will have a lot more opportunity in the very near future to lower your cost basis even more!!!!

No sales, no pilot, no clusters being sold, no EcoNav deal and nothing at all going on at P2O or in Thorold. I am going to drive by again this week to confirm, but I am pretty sure NOTHING IS GOING ON, NOTHING IS HAPPENING!

You are better to sell at $0.09 than $0.009!




I have continued to buy over the past several years. My cost basis is very low. The opportunity to lower your cost basis still exists.

[tykundegex]

I'd have to put another $10k on the line at today's prices to bring my average price to 50c.

No thanks. That's just throwing good money after bad, if you ask me. I learned my lesson. There is simply no evidence to support anything close to the $10/bbl costs Bordynuik always claimed. My guess is it's likely 6-7x that, and only with "heat-transfer fluid" added in copious quantities.

They may sell a few procs, and the PPS may spike again, but I have zero belief that they will sell machines consistently over multiple years or generate any appreciable on-going revenue from royalties of fuel production.