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Replies to post #226166 on Plastic2Oil Inc (PTOI)

Replies to #226166 on Plastic2Oil Inc (PTOI)
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flptrnkng

05/10/13 5:38 PM

#226170 RE: P K G #226166

NET CASH USED IN OPERATING ACTIVITIES
   
(2,976,015)



$million per month cash burn

Remember when the Draconian Cuts by Rauber were going to slash Cash Burn to nero Zero?

Ahhhh, Good Times!
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Rawnoc

05/10/13 5:47 PM

#226174 RE: P K G #226166

Operating cash burn was around $2.25 million if you exclude liability pay down. They burned around $750k/month from operations in real world dollars, going from memory.