Replies to post #136760 on Plastic2Oil Inc (PTOI)

[Rawnoc]

Who said it's down? Maybe down temporarily at times, but has to be running sometimes apparently if not full blown when they're done with the premelt (if they're not done already).

"As of August 19, 2011, with a NYMEX crude price of $82.81, Coco Paving is presently ordering and purchasing full tankers of petroleum distillate at $109.80 per barrel."

[Rawnoc]

Here's a reasonable, realistic expectation of a settlement I would think as this case seems similiar to JBII's:

http://finance.yahoo.com/news/Hansen-Medical-Announces-iw-2381591250.html?x=0

I'll give you the skinny on the "settlement" -- the SEC said "don't make restatement accounting errors again and zero fine, zero penalty, zero anything" and the company said "okay, our bad"

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"In accepting the settlement, the SEC recognized the Company's remedial actions, including the change of personnel since the events relating to the restatement surfaced, and the substantial cooperation the Company provided in connection with the SEC investigation."

[Artiztic1]

Honestly, who ever said number one was ever up and running at constant full DEC allowed capacity? What we've recently heard is that the plant is running normally. Unfortunately,one can only intelligently interpret normally as the same old song and dance - on and off, with mostly off as evidenced by the tale of the tape/quarterly reports.

After all this time, and after they received the go ahead 10 MONTHS ago for Commercial Production - this is truly unacceptable. The fact that they never had one running constantly earning money to FUEL the business going forward is truly illogical at best.

The plan should have always been tweak/improve others while getting the money in on number one. That plan wasn't/isn't rocket science just intelligent business, and it only speaks to how Johnny Boy Genius may not be such a Genius after all. He's only a piss poor business man at best or worse a lousy crook and liar.

IMHO, heads should be rolling if 3Q doesn't see MASSIVE gains in new fuel sales/contracts/inventory - after all this time the three processors should be running non stop going forward. Quit playing with the plug and play processors and plug the damn things in already.

Unfortunately, no one can call for John's head, as he insured that he would have majority voting rights with his 100-1 stock that he gave himself, under the guise of returning shares to the shareholders.

The BS clock is certainly ticking (TIC TOC) and this ruse can only continue for so long.

It's put up or shut up time.