Replies to post #113692 on Plastic2Oil Inc (PTOI)

[bbotcs]

BRIG 88: Still, there are no rev projections, so there is no way to tell whether $4 a share is WAY overpriced or a fair value or what.

With 55M shares in the float, say that, given all of the capital costs, the profit margin is 10 percent for starters. You'd need $55M in revs to get a profit of $5.5 million. That would be 10 cents a share profit on a $4 stock? The PE would be 40. And that's assuming they can get $55M in revs. How long would that take? Years?

There is a LOT of hype and guessing here.