Replies to post #230927 on Plastic2Oil Inc (PTOI)

[Ryoko]

It pretty clear there are no active discussions. They've been 'discussing' the RKT site for over 2 years. RKT probably dead and at the very least is not going to happen anytime soon. It certainly won't happen until such time that JBI demonstrates a working design that doesn't cost more to run than it produces in fuel revenue, and one that can run more than 10% of the time without requiring extensive maintenance.

[Risicare]

Not a chance, next comes a large chunk of toxic convertible debt or a PIPE at like .20-.25 per share.

[mikeo56]

If it would happen the price would double with the first trade.

[Jahuel]

I thought BOTH of the last two rounds of financing were supposed to pay for the RKT machine.

But supposedly they still haven't even worked out the contract!