Replies to post #240235 on Plastic2Oil Inc (PTOI)

[buenokite]

The PR was released on the same day as the 10Q. The company knew exactly what the costs were for that plastic that created the 82,000 gallons of fuel from July 1 to August 12. It was surely taken from the inventory that was carried over and in the Q2 10Q. How would they not have a clue on those costs? But lets pretend they were clueless, at the very least companies release guidance all the time around revenue, costs, gross margins, eps, pick your metric. And JBI could have easily provided Q3 guidance they provided a more complete picture. But that assumes they were truly interested in providing a complete picture for investors. There is only a dozen ways or more they could have provided that picture, but instead they cherry picked metrics.

At the VERY least they could have released what processor #3 produced versus obfuscating it with processor #2. Again processor #2 according to the company's own filings assuming you tend to believe them, should have done at least 75% of the production mentioned in the 10Q.

Finally, they make ZERO claim about processor #3 and HTF expanding the aperture of feedstock they can accept. Are you making that claim on their behalf?

[AtlasSnuggled]

Raw facts are JBII could quit cherry picking data points and mashing numbers together any time they wanted to. And any time it benefited them, they would. And any time they would NOT benefit, they won't. Its not that complicated

I don't know my electric bill costs for the last month yet -- do you?

Trot outside & find which meter is yours. Note the number on it. Obtain your previous month's bill which should have a different kWh number on it, Find the difference between those two numbers using a calculator if necessary. Multiply that by your rate per kWh , which will be the due bill.

As reported in the Form 10-Q, the company reported $128,003 in total revenues, a 28.7% decrease from the second quarter of 2012. The company reported $69,903 in fuel revenues, a 29.5% decrease from the second quarter of 2012, and costs of goods sold related to fuel revenues of $113,046, a 42.4% increase from the second quarter of 2012. Net losses from continuing operations for the quarter were $2,555,716, compared to $4,028,390 in the second quarter of 2012.

The company produced 43,814 total gallons of fuel in the second quarter of 2013, compared to 68,569 gallons produced in the second quarter of 2012, a 36.1% decrease. Total cost per gallon was $2.43 per gallon, compared to $1.23 per gallon for the second quarter 2012, representing 98.2% increase in cost per gallon. We anticipate these figures to improve as many upgrades to our facility systems during the second quarter were required the shut down of all systems while construction was being completed. The primary focus of the company in the second quarter was to complete the assembly and start-up of our third processor.

[ergo sum]

You mean like claims about 10 dollars per gallon? Yeah I know one.