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Re: retiredptt post# 286730

Tuesday, 10/06/2015 12:47:45 PM

Tuesday, October 06, 2015 12:47:45 PM

Post# of 312012
With all due respect, there was no deception.

I had a very long conversation with Chris Irons within hours of the time the company first mentioned HTF was being utilized. I was very pleased with the development. The use of HTF enhanced the operations of the processors and there were other positive implications in processing a new hydrocarbon feed stock source I had not been aware of previously.

From recollection, I believe in early December 2013 there was a conference call(prior to the breakdown) and John discussed on that conference call he was experimenting to determine the optimum ratio of plastic feed stock to HTF feed stock.

I was in regular contact with the company at the time and questions were always answered forthrightly, but always within disclosure constraints imposed by regulators. I was always very aware used oil was a component of the hydrocarbon feed stock.

My opinion is the capability to process used oil remains very beneficial from many perspectives, especially for PTOI.