Replies to post #307658 on Plastic2Oil Inc (PTOI)

[jaxstraw]

Price himself has posted on these pages that "NuLixo has agreed to put up bonds to protect those cities." That's what those bonds would be designed to protect against. Very expensive insurance, the cost of which varies directly with the unreliability and lack of history of Price and company.

Agreeing to put up a bond and actually getting a bond for a company that has no equity , history, or past performance are two things that are miles apart..... especially once Underwriting gets involved.

Like all things Nulixo and Steve Price it's all a word game.

Saying 'agreeing' isn't anywhere close to saying 'bonds are secured'.

[wEaReLeGiOn]

"Ask any municipality how difficult it would be to kick out the current waste management companies?"