Replies to post #290797 on Plastic2Oil Inc (PTOI)

[100% CORRECT DD]

I wouldn't call it a "fire sale". They knew they didn't need it 5 years ago but let it sit there and rot. They should have sold it long ago.
I really want to see #3 back up and running, prove it works and then sell it. The future is in waste oil, not plastic IMO.



imo 2 reasons ..

first is *selling* is a short term solution that removes a potential cash cow out of P2O's long term equation

second is clearly P2O doesn't *need to fire sale* this asset .. which makes me go *hmmm*

one other aspect that may or may not have *legs* .. *rumor* back in early 2014 .. had it .. that there was a serious
buyer with interest .. take it FWIW .. because as all who interact with me know my mantra .. rumors are just rumors
until they are 8k'd .. but *rumor* had it serious buyer was *observing* the take DOWN of PTOI's pps from Fall of
2013 to early Jan 2014 (35c to 10c to 6c) and *anticipated* and ability to garner an asset for pennies on the $ ..
which *reminded* me of my own belief specific to certain dirty whales .. who i strongly suspect believed they too
could *gain* an asset of P2O's from a severely reduced (and imo illegally manipulated) price per share

http://www.plastic2oil.com/site/sec-filings

[jobynimble]

*selling* is a short term solution that removes a potential cash cow out of P2O's long term equation

Didn't that originally also apply to the processors (labeled *the beast* because it supposely was able to process large amounts of plastic into lotsa fuel that turned out to be wrong since the processor constantly broke down)? But because the processor(s) kept breaking down AND was never able to show a profit despite the margins Bordynuik claimed would be so large the only problem would be the amount of taxes they would have to pay off the profits that the business plan had to be changed to selling the processors rather than just run them...


In other words, selling the machine is a short term solution that removes a potential cash cow out of P2O's long term equation, isn't it?

[underdog150]

Funny thing about *rumors* on stock message boards like PTOI.
Posters are allowed to claim anything they want, post anything they want, and never have to provide one iota of fact to back it up.
How many are still waiting on the *rumored* pilot production run being done that still hasn't happened?
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one other aspect that may or may not have *legs* .. *rumor* back in early 2014 .. had it .. that there was a serious
buyer with interest .. take it FWIW .. because as all who interact with me know my mantra .. rumors are just rumors
until they are 8k'd .. but *rumor* had it serious buyer was *observing* the take DOWN of PTOI's pps from Fall of
2013 to early Jan 2014 (35c to 10c to 6c) and *anticipated* and ability to garner an asset for pennies on the $ ..
which *reminded* me of my own belief specific to certain dirty whales .. who i strongly suspect believed they too
could *gain* an asset of P2O's from a severely reduced (and imo illegally manipulated) price per share

[lytnup]

first is *selling* is a short term solution that removes a potential cash cow out of P2O's long term equation

I agree with that assessment - if they manage to lease it, it will be instructive to see how much revenue it will provide to operations on a quarterly basis. I wonder if revenues for the blending site follow fluctuations in oil prices, or if they make money regardless?

second is clearly P2O doesn't *need to fire sale* this asset

The arbitrary assignment of "a couple million" to the value of both the blending site and HQ may significantly underestimate the value of being fully permitted where they are located. "Give away" might be a better description than "fire sale".

[jaxstraw]

Funny thing about *rumors* on stock message boards like PTOI.
Posters are allowed to claim anything they want, post anything they want, and never have to provide one iota of fact to back it up.

How many are still waiting on the *rumored* fantasy connection to CIGNET Holdings via Mark Ragus and all their waste plastic now that Eco has been shitcanned ?