Replies to post #207298 on Plastic2Oil Inc (PTOI)

[flptrnkng]

So, it appears he told Brigg one thing

and filed something entirely different in the 10Q, bearing in mind SOX requirements.

Interesting.

[BRIG_88]

GEE. Imagine that? Business condiitons change and he and the company adapt accordingly.....he has decided to slash costs in conjunction with boosting fuel output......looks like some sound decisions to me.....just adaptin'

[stocker11]

how can you construct new processors without inventory?

If that was true, there would be WAY too much money invested in inventory at 9/30 given historical and even the frothiest expected revenue levels for Q4.)

[Rawnoc]

Increasing the part-time hourly staff while decreasing more expensive costs.

They can hire 3 new $20/hour part-time guys working 20 hours a week doesn't mean they aren't reducing expenses. Those new guys, as an example, comes out to $4,800 a month. AKA piss.

As an example from the 10Q:

"reduction of accounting and legal service fees"
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8904315

Accountants and lawyers tend to make more money than part-time blue collar opeators.

"we are anticipating getting multiple machines producing, cutting costs, and increasing sales to meet our goal of cash-flow positive"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81323167