Replies to post #198480 on Plastic2Oil Inc (PTOI)

[the big guy]

I just looked at the Balance Sheet as at June 2012 and P&E was at $6.1 M. Not too far off my figure, which I clearly remember at some point in time in my photographic memory. I can remember things photographically like this sometimes. If you want I can tell you how much the top 5 economies in the world owe as a % of their GDP. It is quite fascinating. It is from an article I read maybe 2 years ago. I can still recite the figures off of the top of my head. The point was that Australia can build alot of roads if they decide to. Keep the whole population employed.

More to the point, how did JBI manage to spend 6.8M in SG&A with only 100k in Gross Margin? That being the case, Longs, how do you think they intend to get CFP (whatever that may mean)?

I figure they might lay everybody off, roll it all into the blending plant, get the blending plant to be CFP, and call it a success.