Replies to post #174202 on Plastic2Oil Inc (PTOI)

[NewMoney]

But the miserable failure Agilyx has taken almost 10 years to process 1 million pounds of plastic.

JBI did that in a fraction of that time. And is shipping fuel to customers as I type.

If agilyx does, and that's a big if, happen to go public their stock will plumment out of the gate losing millions for whoever is stupid enough to buy it.

Thoughts?

[jcoukr]

i believe that is how it works...

ipo for a company in a new industry brings attention to the industry. smart investors will look at agilyx's competitors and see jbi makes a machine cheaper, better, faster and it produces spec fuel instead of sludge.

[StockSnyper]

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

Practice is the key word here, never hurts to keep practicing.
As far as worrying about JBI "doing the same thing" - No need to worry one bit. JBI does NOT produce a "gel-like substance" that still needs to be blended with oil and refined before it is even useful.

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

8 or 9 years worth of "experience", which should place them further along than JBI - but the reality is that JBI has 2 commercially viable plastic eating, money producing machines making spec-grade ready to use fuel 24/7, that is being loaded into tankers and sent to its customers as fast as it is being made.

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

There are many things that are likely, but a proven Plastic to Oil process that makes spec-grade ready to use fuel from FREE waste plastic is currently being done by JBI in Niagara Falls.

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

...or by mudslingers.


Agilyx is a miserable failure on all counts.

[retiredptt]

Arvitar, with all the money that has been invested in Agilyx to get them to where they are today I'd love for you to take out your one of a kind calculator and educate us on their current price per barrel.