Plastic2Oil Inc (PTOI)

[flptrnkng]

Is 4 months long enough to wait for tangible progress?

Or, will it take 1-2 years, before we decide Nulixo is the same kind of sham deal that RockTenn, Econavigation, Veridisyn were?

Thoughts to ponder while we wait:

1) The machines at 20 Iroquois St. can't process sorted post consumer trash. Not allowed by permit, plus PVC will sneak into the load, and cause the machine to spew Hydrochloric Acid out of the stack. This will piss off the NYS DEC to no end. It will also automatically shut down the machines for cleaning.

2) There are no heated #6 fuel tanks on site to handle the heavier oil fractions that the process creates.

3) PTOI redeemed their $100K fuel seller bond some time ago; they can't legally sell the output without one. (And they really can't haul off the fuel to 1776 Allanport Road now can they?).

4) Nulixo's HQ is someone's residential house (just like Veridisyn's and Econavigation's were - what are the odds?)

5) Nulixo has no waste transfer site to place machines from either Redwave or P2O.