Replies to post #302343 on Plastic2Oil Inc (PTOI)

[jaxstraw]

I'll make it simple.

This company has never told investors how much they have payed for pristine feedstock.

Contrary to their public statements the filings show that is the only material the machines can handle without repeatedly and often breaking down.

They have also buried profit from other past segments of their business in the total profit column... deceptive by any standards.... of their filings to reflect the loss as not being as great as it is.

So the only numbers available as to how much it cost them is the final profit figures. You will find no other information.

Which are historically negative every single time.

Ask yourself this if you are truly interested in investing in this company.

Why hasn't it ever actually told investors, or potential investors, if what goes into the machines is valued more or less than the product that comes out ?

One would think that if the cost of what goes in was less than what comes out they would be shouting it from the rooftops, publicizing it every opportunity, and using it to try and sell the machines to anyone that would listen.

Instead it's total crickets.

[CHUNKY44]

The reported cost is less than $10 per barrel of oil produced.

Which is why, even with the falling oil prices, they have been able to maintain their level of production and sales for the last 5 years!