Plastic2Oil Inc (PTOI)

[jobynimble]

Excellent explanation! Stickied

I have said this over 100 times so far and this is the biggest problem people can't seem to wrap their head around. Any plastic that is landfill bound is going there for a reason. No "buyer" wants it and no plastic 2 oil company can handle it. Any plastic that P2O can process has a dollar value to it ($0.05, $0.10 or even $0.50 a lb).

Someone asked me the other week why I sold all my shares and what made me trigger my sell. I thought about it and I think by far this is my best explanation of why Plastic 2 Oil will never work.

P2O processed 1,000,000 lbs of plastic in 2012 lets says. Sold the fuel for $300,000 lets say. Broke even lets say......

IF they would have sold the 1,000,000 of plastic (PE and PP only for average of $0.20 - $0.25per lb) instead of processing it, they would have made a clear $200,000 - $250,000. I expect they could have sold the plastic for a lot more fyi.

http://scrap-plastic.net/
http://www.recycleinme.com/
http://www.recycle.net/Plastic/index.html

And the list goes on, and on, and on of people buying and selling SCRAP PLASTIC! P2O CAN NOT PROCESS PLASTIC THAT IS BOUND FOR LANDFILL.... AND THAT IS WHY THEY WILL NEVER SELL A MACHINE!