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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

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From: PaperProphet9/5/2019 11:56:24 AM
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Looks like my posts are getting deleted on IHang's PTOI board now at a higher rate than before. The only reason given is "1" which isn't defined to regular readers but I think '1' means 'off topic'. Some nuance in IHang's TOS which I don't understand or a dishonest IHang moderator with an agenda?...:

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A $19M ghost town at that. PTOI is still trading at a $3M market cap even though there are $16M of accrued liabilities, notes, etc... on the books which would probably need to be paid off before investors see one thin dime of any future profits, profits of which the company hasn't demonstrated any potential to realize in any capacity for over a decade. Yet PTOI still carries a value of effectively $19M with shareholders.

There's also a reason why PTOI isn't telling investors how well the processors produced when running--undoubtedly because it refuses to share poor numbers with investors and PTOI's founder previously found himself facing fraud charges for putting out fake numbers to investors. Both the SEC and the OSC made it clear that fraud charges don't necessarily stop at the company's doorstep, leaving the insiders who perpetrated the fraud unscathed. Ever since, PTOI insider(s) have shied away from putting out blatantly fake numbers and have opted for silence instead. Luckily for the founder, he was never brought up on fraud charges for his claims of making diesel for under $10 per barrel.

PTOI can't run the processors in any worthwhile or useful capacity after over ten years of supposedly trying...but the company says it hopes to eventually find a customer and sell a processor, apparently to some customer who is more of an expert than PTOI at running one of PTOI's processors. Can anyone see the problem with that story?

What exactly would PTOI have to do to lose credibility??
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