Plastic2Oil Inc (PTOI)

[pacrat]

I have discussed this before so I will simply attach my earlier post from 1/31/15. Hopefully this helps.

The SEC filings report on the company's revenues and earnings, as it sits in Niagra. The business model in this setting is clearly not viable, as we've seen. The processor input (plastic) is prohibitively costly and thus satisfactory fuel production margins are unachievable, particularly now. The sense that I get, given recent developments and the shareholder letters, is that the Niagra business model is no longer in play. I envision that the company now looks to place processors in locales where large scale plastic disposal is the focus. Viability would then be redefined by defrayed tipping fees, transportation costs, and landfill utilization. The output fuel, in this setting, is essentially a bonus.