Replies to post #249212 on Plastic2Oil Inc (PTOI)

[pacrat]

Good, balanced post. Thanks for your thoughts.

[underdog150]

Trusting anyone in regards to this stock is like giving Bernie Madoff a few grand for his appeal. The ongoing promotion here will leave everyone broke sooner or later. Trust no one, and invest only on performance, not foolish speculation year after year.
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What ever way each individual with a vested interest in this stock would like to spin it, the bottom line is that the company keeps missing expectations. The latest expectations were set with the close of Q2 and into Q4 processor run. Whatever reasons they assuage themselves with that could not maintain throughput rates, it is simply noise and excuses.

Whatever your position is on this, whether it be, calculation extrapolations, NSS Theory, DD, Scam, Historical pomp and circumstance, processor visits, Boots on the ground, cheerleading, attacking, and yes, even the laughable Neato Day (high school revisited), the bottom line is lack of execution.

With this stock, small position in my overall portfolio, I have now gone from speculative issue to pure gamble. I have been long since mid 2010. I have always stated I would ride it out for the entertainment factor this board provides me. I will remain a shareholder until we get confirmation one way or another. Either I will see greater than $10 or $0.

I can truly say that I am disappointed in the latest results and believe the execution of a public company needs to be drastically tightened up. Props go to Bueno Kite for his realistic and well thought out posts asking the hard questions and telegraphing the answers. Answers that no long really wants to see. The market truly does forecast what is happening on the inside. JBI is no different.

I consider Chris Irons a friend of mine and trust this works out for him since he has more at stake than the rest of us armchair quarterbacks. I trust that Rick Heddle did not come in blindly and his track record of success will be maintained. I trust that JB will have learned from his amateur errors and be on the path back to respectability. This investor will not throw good money after bad as it is simply a source of entertainment for me now.

JBI, show me what you got with your performance. Profitability is the bottom line. The stock price dictates your future investing pool. Regardless of how much potential you claim to have, it is time to show your shareholders the money with flawless execution. GLTA, DZ

[buenokite]

Good post. Your point on expectations is the fundamental one. Hopefully they understand the impact of mismanaging them can be massive.

[Tson99]

Not sure what your expectation was but at the end of August they said that they were going to ramp up production slowly. You don't go and beat the shit out of a brand new car the first day you get it. There is thing called a "break in period" and that is with an engine that has been built 1000's of times. This is a brand new processor, they will slowly accelerate the fuel production until they reach maximum throughput. They will probably have more problems and minor issues as they work towards that goal. Anyone who thinks that this new processor should be running at full speed now is an idiot. That was not the expectation they set. They still have not said when they will be running at full speed, they are moving forward towards that goal.

If you are talking about expectations in terms of joint venture and partnerships, these will be made on the basis of processor 3. Three months time is not enough to validate the technology and give potential partners information/data about what they can expect. They need a couple of more runs with P3 to be able to effectively negotiate potential partnerships and joint ventures.

Costs have and will continue to come down. Increasing production reduces cost/gallon and I have no doubt cost efficiency will increase as time goes on.

If the market expected that we were going to hear about joint ventures and partnerships after only 3 months of P3 production then the market got what it deserved. As far a fuel production goes, I too was expecting more but not a lot more. I still prefer to see the processor running 42 days straight over running full out for 10 days having to fix all kind of problem because they have not been methodical in their processes.

They have made a lot of progress in the last 3 months a I believe the stock price does not reflect the progress.

Tson99