Replies to post #207285 on Plastic2Oil Inc (PTOI)

[flptrnkng]

CFP = $3 million in revenue

At 100% gross margin, you'd be right.

At 0.3% gross margin (what they did in 3Q), you'd be short about $2.99M.

At 30% gross margin, you'd still be short about $2.1M.

Put another way, they'd need about $10M in revenue at 30% gross margin to hit CFP.

[Krazy K]

How much of that 2.9 mil are one time equipment expenses?