Replies to post #123926 on Plastic2Oil Inc (PTOI)

[arvitar]

And then they got a Wells Notice. WTF?

And then they dropped 50%. WTF?

Possible Civil Action to follow. WTF?

And then they dropped another 50%. WTF?

And then it became apparent that not everything is rosy for JBII. WTF?

People began to realize that pumping and over-promotion drove JBII to an unsustainable valuation. WTF?

The dash for the exit hasn't even started for real. WTF?

[stocker11]

Awesome!

Agreed, they said they'd sell fuel for WTI - $3 and instead they sold it for $14/barrel higher. WTF? Another mark mixed.

Oh and they said they'd sign JVs with mom and pops and instead they look like they'll be signing with multi-billion dollar companies. WTF? Another mark missed.

And they said they can make near-diesel fuel that has to be separated at a blending site and instead they can make just about any fuel you can imagine consumer-ready right off the processor. WTF? Another mark missed.

And they said it takes 2 operators to run the processor and in reality 2 operators can run 3 processors. WTF? Another mark missed.

And they said the processor has to be shut down to remove the residue and instead it can now be hot tapped straight off. WTF? Another mark missed.

And they said the residue has to be disposed of in a landfill which cost money. Instead, the residue itself has fuel value. WTF? Another mark missed.

And they said the permit would allow them to operate one machine. Instead, the permit allows 3 machines. WTF? Another mark missed.

And they said they expect to attract millionaire investors. Instead they attracted billionaire investors. WTF? I can't take this any more.

[duke00324]

...WOW!!!...sounds too good to be true!!!...

...how much effect do you think that the "All-is-not-Wells" notice will have on the company's management's ability to move forward with their plan of operation?...

...do you think they have to begin being completely honest now?...

...or will they still be able to get away with some of their reporting nuances?...Duke...