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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?


To: donpat who wrote (53149)11/16/2018 10:35:19 AM
From: PaperProphetRead Replies (1) | Respond to of 53574
 
Whether there's money in it is certainly the question.

For what it's worth, I believe Loop really can break PET plastic down into its precursors. I think anyone can do so..at a cost with those costs being economic and environmental. What's glaring is that Loop makes no attempt to quantify those costs so investors have no idea whether the company has any value at all. However if there was value, Loop would be screaming that from the rooftops. That's a common theme among scams--they can't provide evidence of value and won't even take investors down the mental journey that got them to believe for themselves that there was value. The process is supposed to speak for itself...even though it doesn't if one looks closely enough. If the company stays tight-lipped in explaining the value proposition hoping the headline speaks for itself, you can bet that value proposition is non-existent.

Penny scam stocks are a mix--some like PTOI, SSTP, IHDR, MDOR, etc... are easy to debunk because the math simply can't work. Others are a bit harder where there's nothing concrete to show it's unworkable, but the story doesn't quite add up. I can't find any immediate math to show that Loop's technology is can't be economically viable and it could be possible that they really did find a way to break PET plastic into PTA and MEG at a low cost...but the story just doesn't add up. That puts the question as, "Is Loop deceptive or are they merely stupid??" While 'stupid' is preferable, neither option paints a great picture.