Replies to post #171557 on Plastic2Oil Inc (PTOI)

[Stock]

JBI doesn't have the cash to build anything, and their "partners" aren't investing a penny to make that happen.

The RKT deal is dead.

[ponzi_implosion]

There was no mention of buying parts for additional processors.

Odd, obscure TMI details are disclosed like there were 2 defective parts for #2, but nary a whisper about ordering parts for #4, 5, 6.... processors. This is an SEC 10K, not a daily operating log for goodness sake.

It is very apparent that the company will continue to hemmorage cash and shares for the forseeable future.

[ezey]

3 processors running gives $20 million/ year sales
with oil headed towards $150 /barrel That would
increase to $30 million / year.