Replies to post #174195 on Plastic2Oil Inc (PTOI)

[arvitar]

That's not how it works. Agilyx's success will set a standard in this space.

It will mean that for another company to attract money from quality investors to compete with Agilyx, they will have to meet or exceed Agilyx's standards, including:

1) Having a patented technology that will give them the rights to practice their invention, and exclude others from doing the same thing;

2) An experienced management team with a long track record of success in the industry.

3) A sound business model that has a high likelihood of generating profits.

4) A reputation that isn't muddied by things like the SEC suing them for fraud.


JBI is a miserable failure on all counts.

[Krazy K]

Your right.. Agilyx's Ipo will only introduce new investors to Jbii.

They will see Jbii's sleek machine versus Agilyx's machine that looks like it needs a 150 ft x 300 ft warehouse for adequate space to house one of these units.

It's no wonder they needed so much upfront cash!

[buenokite]

I totally agree that an Agilyx IPO with a strong valuation can only be good for JBI. Regardless of what you think of either company there is no downside to a strong IPO for either company.

Right or wrong serious investors are not going to naturally flock to an OTC company that is controlled by a single shareholder with a weak board. The SEC suit until settled is also not beneficial nor frankly are any of the current filings. A strong IPO though could move those that lack the natural tendency to invest in a company like JBI into actually doing an evaluation. Then it is up to JBI to prove the goods.