Replies to post #249804 on Plastic2Oil Inc (PTOI)

[buenokite]

Has it not struck you that all of this talk about processors and productivity, throughput, feedstock, etc, is a bit of a waste of time?

No.

It really does not matter what Processor #3 does

It absolutely matters what processor #3 "does". If they were actually able to produce fuel even close to what John Bordynuik claims they would be sitting on a gamechanger instead of a scam.

Production would have to increase tenfold in order to offset the massive SG&A expenses.

Yep, at least, if not more. That is why they have "shifted business models" to selling machines. It is the company's way of admitting they cannot get to profitability anytime soon selling fuel. If they were playing football think "Hail Mary". And the play clock is the cash position of the company. But that goes back to why understanding the performance or lack thereof with processor #3 is important.

As for the rest of your post, yes SG&A is high, I generally talk about the superset operating expenses that includes our good friend Bordynuik in R&D. They talk about cost reductions in operating expenses every quarter. My guess is they will see some improvement in Q4 with some of the actions they have taken assuming those savings are not consumed with legal fees. Maybe the lawyers will not bill as much during the December holidays. Hope springs eternal.

As far as rolling in some COGS into operating expenses it is entirely possible especially with the treatment of depreciation. In addition you have this glorious history of obfuscation...