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Sunday, March 01, 2020 4:12:16 PM
A Permit Was Updated
https://www.dec.ny.gov/cfmx/extapps/envapps/index.cfm?view=detail&applid=1160714
Nulixo Agreement
On October 2, 2019, Plastic2Oil, Inc., a Nevada corporation (the “Company”), entered into an agreement (“Agreement”) with Nulixo, Inc. (the “Buyer”), whereby the Buyer agreed to appoint the Company as the exclusive supplier for plastic to oil processors for a period of twenty (20) years. Specifically, the Buyer agrees to purchase at least eight (8) processors over a period of three (3) years, and at least one (1) to be ordered upon the effectiveness of the Agreement. Pursuant to the first purchase order, for which the company is awaiting initial funding of the purchase order, the Buyer ordered two (2) processors for Six Million Dollars ($6,000,000) with an initial payment of Three Million Dollars ($3,000,000). Any subsequent processor purchased shall be at a fixed rate of ($3,000,000). In addition, the Company has further agreed to provide monitoring and servicing services for a fee to be determined on a case by case basis.
https://www.sec.gov/Archives/edgar/data/1381105/000149315219015252/form8-k.htm
Nulixo Contract
On October 2nd, Nulixo entered into a contract with the State of Utah (Contract #: MA3287) to become a vendor that will “Provide Waste Management Solutions to turn waste into energy.” To that end, Nulixo has been negotiating with municipalities in Utah to enter into an agreement to provide the Municipal Solid Waste (MSW).
We expect to sign two municipalities in the first quarter of 2020. Once signed the municipalities will provide the MSW for sorting and processing of waste via biodigestion and plastic to energy conversion, using our partners Redwave and Plastic2Oil, Inc.
Feel free to call!
833 685 4961 Nulixo
Phone Tree:
1 General (this reached Steve Price)
700 Curt Brambel
701 Reno Mahe
702 Tim Price
703 Jim Cotter
704 Mark Ragus
https://www.nulixocorp.com/news
Canadian Patent granted
http://brevets-patents.ic.gc.ca/opic-cipo/cpd/eng/patent/2879973/summary.html
PTOI is still in the process of obtaining a USA patent.
https://portal.uspto.gov/pair/PublicPair
Confirm not a robot/application number/15362102/search/(be patient on site and especially documents may be slow to open) / be sure to look at IMAGE FILE WRAPPER/
Redwave has heard of Nulixo!!
Steve Price has released Parker Pruett from commenting so he can now speak about Nulixo. I called Parker and he confirmed they are in project negations with Nulixo.
http://www.redwave-us.com/contact/
Others have been calling about DEC Permit Application
The word is its still in the process of being renewed
https://www.dec.ny.gov/cfmx/extapps/envapps/index.cfm?view=detail&applid=1161861
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