Replies to post #244687 on Plastic2Oil Inc (PTOI)

[jaxstraw]

Actually Bogolin has cut more expenses than Heddle by half a million dollars.

Heddle only cut 800k. Boglin cut 1.3 million.

.....and it was Bogolin that fired 1/3 of the workforce ...not Heddle.

Based on operational data from the first six months of 2013, the Company estimates total annualized cost savings as a result of these measures to be approximately $800,000. In July, the Company announced additional cost reduction measures that it anticipated would result in annualized cost savings of approximately $1.3 million.

[arvitar]

JBII FELL 15% SINCE THAT "NEWS" WAS ANNOUNCED


Hardly a sign that "new investors are taking notice"











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