Replies to post #152350 on Plastic2Oil Inc (PTOI)

[blind squirrel]

The guy on the left kicks the bar and buries his head. The guy on the right calls his broker to buy shares.

LOL, well said.

It does seems like a likely time for news of financing, and could tell us so much more than simply dollars and cents - "depending on the details."

Good post EP.

[Commando911]

Agreed. We will know more soon.

[techisbest]

What concerns me is how the news was presented. Roll out the good news around the holidays to make everyone feel good and then disappoint by not being to quickly follow through.

I like all the news that has come out, but the timing of the news, without it being a true indication of their current state, is wrong.

From the P2O website: "The footprint for the processor is 2,000 sq. ft., requiring only 3,000 sq. ft. of operating space. Height requirement is 24 ft."

This was from a July news article: "The plant, which has a footprint of 1,000 square feet (93 sq. m.), is capable of processing 22 tons of plastic per day, and operates continuously.
Source: Clean Technica (http://s.tt/12MVi)";

With the addition of the front-end premelt system and back-end refining the footprint has doubled.

The layout of the processor was described as 20 ft. x ? ft. somewhere. I'm not finding where that was stated. I was impressed with that linear layout. It goes along with a modular design.

Let's assume it's 20 ft. x 100 ft. and that each needs 30 ft. x 100 ft. of operating space. Lined side by side that would be 90 ft. x 100 ft.

The two posts by LV_RDPD provided good info:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70489896
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70490235

From the second: "The main building is an existing 12,000 square foot single story steel industrial building"

If I had to guess from being there, the layout of the building is 100 x 120. I guess you're right, there's not enough space for three processors given that a quarter to a third of the space in that building was used for offices and fabrication. But there should be room for two. Maybe three once the new building is completed?

Sorry for being the guy that buries his head on the bar. I'm willing to wait. I just want the company to lay out their progress as honestly as possible.