Replies to post #201968 on Plastic2Oil Inc (PTOI)

[Stock]

JBI management has a history of deception. Putting all of one's eggs in this basket would be anything but a wise investment decision.

I'm leaving all money on the table and thinking very seriously about adding again when the market opens.

[Artiztic1]

In order to make money in the stock market you need to play future earnings.

Host: John, when would you hope to start posting sales?

JB: Now. This week.

Host: Actual revenue?

JB: We’re filling tankers at the site now.

Host: What about serious cash flow?

JB: Serious cash flow – you’re looking at a quarter out, really. So you’re looking at Q2.



When second quarter 2011 was finally reported, the serious cash flow he alluded to came in at 81K and described as P2O: through revenues derived from the sale of fuel outputs and processing and recycling of waste materials (cardboard?)

I'm glad I didn't buy and "hold" that play.


http://www.sec.gov/Archives/edgar/data/1381105/000121390011004691/f10q0611_jbi.htm