Replies to post #250410 on Plastic2Oil Inc (PTOI)

[Golfgod]

And I'll be one of those who will pick up those shares. Been there, seen it.

[Grandmasim]

absolutely there would......

[arvitar]

Folks who have held JBII (blue line) over the last few years have LOST 95% of the value of their investment.

Folks who have invested in the broader market (red line) over the last few years have enjoyed a GAIN of 50%.


Most folks would prefer to be riding the red line rather than the blue line:








SPLAT

[tykundegex]

Been there too. See it too. It sure is pretty.

But until you can say "been there, seen it" about their SG&A, or COGS, it doesn't really matter how purdy the pipes and valves are. JBI's financial viability is in question here, not the chemical validity of their pyrolysis process.

If JBI can sell machines to entities that don't NEED to make a profit turning plastic into fuel (which, I might add, is plenty plausible), then they can still make a run at it. But by changing their focus to selling machines from producing profits with P2O "operations", they are sending a clear signal to shareholders (whom, it would appear, have taken note) that they do not believe they will be able to be profitable just by operating machines themselves.

I took note, JBI.. thanks for the heads-up. Better late than never eh?