Replies to post #49815 on Plastic2Oil Inc (PTOI)

[SteveF]

You cannot do that and have the understanding translate to the trading/investing community as anything other than Price to Earnings based on the Trailing 12 Months.

That brochure has been floating around since summer 2009. From JBII's unreliable 10K:

Consolidated revenues decreased $409,000 from $13.811 million for the year-ended December 31, 2008 to $13.402 million for the year ended December 31, 2009. The Pak-It and tape reading units recorded increases in revenue and JavaCo recorded a decrease in revenue.

JBI: We generate sales through reading high volume legacy data computer tapes for large institutions and corporations. JBI had no revenues in 2008 and therefore had increased sales in 2009.

No specific numbers are given, only that the tape business had revenues greater than zero. Pretty funny if it weren't so sad.

[Zardiw]

Yeah, well I'm not up to speed on all that crap....and the freaking thing is a year old by now.........but you all keep discussing it........I fail to see any relevance, but by all means be my guest..........z

[Rawnoc]

Yes, he made a mistake. He meant to say it was his estimated annualized earnings based on the results during a sliver of time.