Replies to post #181718 on Plastic2Oil Inc (PTOI)

[jimmenknee]

Ok, I haven't either... please take the time to review my posts and tell me what numbers are objectionable and specifically why.

I believe PS is the most reliable given those have the most "hardened" numbers to work with. I am not a fan of PE given the large continuing losses-- albeit veiled by non-specifically noting (habitually persistent) "one time charges" -- but the board favored that metric based off of the Gross Margin (which has been the primary hard number "profit" focus that has not been effectively dis-proven up to this point). I believe an industry average provides a more realistic "base" from which to discuss, so I am offering that as the alternative to the "PE matrix" and 90% Gross Margin.

If you note my posts historically-- now even allowing for the 2x output increase to be used (as I am still not convinced premelt throughput = processor output), the resultant ratio-derived speculative targets haven't moved in a like fashion. That is the result of 1.) dilution, and 2.) the company stated production days. All in all, even if you assume 3x processors running at 2x capacity, the speculative target is ~ $2.25 - $2.70...

... hopefully it helps balance posts that assume shares under $5 are "gifts" much less those that see double-digit "valuations" on the short to mid-term horizons.

Updated Metrics:

Output	bpd	$/bbl	$/day 	Op Days	$/year	        OS	        $/Share	        Price 	Proj PS 
 20tpd	109	109.8	11968.2	273.75	3276294.75	73,177,216	0.044772061	1.04	23.22877227 
 40tpd	218	109.8	23936.4	273.75	6552589.5	73,177,216	0.089544121	1.04	11.61438614 
 60tpd	327	109.8	35904.6	273.75	9828884.25	73,177,216	0.134316182	1.35	10.05091108 
 80tpd	436	109.8	47872.8	273.75	13105179	73,177,216	0.179088242	1.8	10.05091108 
 120tpd	654	109.8	71809.2	273.75	19657768.5	73,177,216	0.268632364	2.7	10.05091108 
  
 23% Net					Net	OS	        $/Share	        Price	Proj PE 
 20tpd					753547.7925	73,177,216	0.010297574	1.04	100.994662 
 40tpd					1507095.585	73,177,216	0.020595148	1.04	50.49733102 
 60tpd					2260643.378	73,177,216	0.030892722	1.13	36.57819491 
 80tpd					3014191.17	73,177,216	0.041190296	1.51	36.65912012 
 120tpd					4521286.755	73,177,216	0.061785444	2.26	36.57819491