Replies to post #9348 on Plastic2Oil Inc (PTOI)

[techisbest]

Good post, stumiller.

[umiak]

"I believe 10-20% of capacity should be the working assumption here, no more." why?

[TMAN]

I think 10 to 20% could be feasible initially, but would likely increase after initial infrastructures were improved upon. Like any good business owner (franchisee) there would be a concerted effort to do just that.IMO

[GWMAN]

<<But JBI has said ZERO about what revenue they can expect from the P2O franchises either>>

Actually Stu, this is not exactly true. I do not have time to find it today, but somewhere on the company website and somewhere on this board was the company's advertizement/invitation for freanchisees. It spoke about an investment of $400K and the franchise getting some annual percentage in the ballpark of $1.4 million or something like that.

If people really want to look at what 25 franchises will bring in, it should start with this ad. I remember it was a bit tricky to decipher based on how it was written, as one way you read it would suggest annual revenue of $5 million and other way to read the sentence would suggest a different figure. But, anyway, discussions of annual revenue from P2O should at least START with that ad, IMO.

[phrantic]

Agreed.