It is indeed fascinating that Plastic2Oil not only remains alive, but has a new investor. Difficult for me to believe he is a "dummy".
And groundwork laid out for another 900K. Given the history here, you have to think that there is something in the chute...nobody is dropping that kind of cash without having some kind of inside knowledge.
Granted, folks had knowledge way back when...but that wasn't even off the benchtop...that's way too forward thinking for my taste...timing is everything.
GL PTOI'rs...
and you're right...there are some folks pretty annoyed with PTOI's ability to survive...
Of course, the sale of machines or an MOU with a recognized entity trumps these hints of something brewing.
It must be frustrating for some that this company refuses to die
we are in total agreement .. :)
imo LL's $100,000 buys time thru EOY (2016) $900,000 buys a whole lot more (EO 2017) and 4 and 5 *completed* .. ;) suspect it will be enlightening to see next filing out of P2O
Remember the "Whales"? The millions they invested was a buy signal for me. What a stupid decision that was. The moral of that story is just because someone has millions to invest is no indication of intelligence.
The best way to use investors money imo is to get at least one preferably 2 machines on line. That would create cash flow for the company and start a track record for the machines. Time was wasted not with eco-nav but trying to sell a new technology who's machines were not operational,that seems to be an almost impossible task even for the best sales professional. Sales does not seem to be RH's strong point.