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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna
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From: PaperProphet10/22/2020 5:36:59 PM
of 53574
 
What else is new/old. It looks like VADXX vanished off the face of the earth. They successfully received $20 million in investment from some fund, built their plastic to oil plant and then disappeared. I think the fund was called Money FlyAway or something like that. Wait, the name was Liberate Capital which dumped the $20M in the toilet because of a woeful lack of due diligence.

It's the same story on all of these plastic to oil companies. It's possible to turn plastic into oil...but the end product is never worth the feedstock. People have been trying and/or fleecing investors since at least the 1990's with the concept.
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