Plastic2Oil Inc (PTOI)

[retiredptt]

Hans Brost, the cheesebag pumper for pyrolysis conman John Rivera was this board's post 1 of 1.


Thanks to John Bordynuik's interesting Facebook "sidenote" 10+ years ago he informed us via Facebook that Hans Brost contacted Bordynuik the very day Bordynuik bought 310 Holdings. On DAY 1! And that was back before Bordynuik was starting a tape reading business. Everything I've researched tells me there were NO BORDYNUIK IM IN THE PYROLYSIS BUSINESS UNTIL AFTER THIS ADMITTED PYROLYSIS PUMPER REACHED OUT TO HIM, AGAIN PER BORDYNUIK'S ADMISSION


If Hans Brost, a pumper, pitched the pyrolysis idea to Bordynuik on or around the day Bordynuik purchased 310 Holdings the genesis of this "company" is rotten to the core.

Let this be your truth until someone proves Bordynuik was in pyrolysus before Hans Brost contacted him.



Sideline interesting story: The day I purchased 310 Holdings (April 2009), Hans (zardiw)contacted me. His program (Amanda) alerted him to the 8k. He advised me he bought on that day.




John Bordynuik's 12/13 consolidated FB posts.

Company Owned/JV/Franchisee Open Discussion (please comment): I have received many requests for P2O JV's and so if you are considering one this might help. First, FL,NY,and PA is out of the question. NY is all company & R&D, FL is exclusive JV, PA is company. Structure: JV1 (op to pay $50k and receive 10% revenue), operate site. JV2 (op to pay $400k and receive 35% revenue) -- very few of these will be considered.

--Florida is out - sorry - too many land rushes start in FL(Outback, Checkers, etc..) so there are great operators there already to go.

I have been approached to allow funds to equity invest in large blocks ($100M+) to roll out sites (stock price must be significantly higher). They like this because all revenue stays within company, we like it because of above. Massive land rush would require $2.5B of fund equity, all agree this must be a massive concurrent implementation.

--I wouldn't be issuing much at $2.50, I wouldn't start equity financing until above $18 in any sort of volume.

--We have an inhouse cost/rev/earnings model for the P2O. Now it's applying it to the various options and building a dynamic model. Ie: PIPE at $4/share (3M shares) -- to ladder to $8/share (5M shares) -- etc... It's finding the right model + take into consideration state tax credits (then monetize them upfront), then JV's (funds prefer wholy owned due to earnings growth).

--And.. how long does it take to get the earnings to take it to $xxx/share , or for that matter, how long it takes the analysts (Funds) to push it there.

Outback Steakhouse structured 90/10's, 50-50, etcc, and manager agreements because they did not have the capital to go to market. We can head this off on the pass with equity funds & a few key JV's. Suggestions? I'll provide the math -- our mgmt is working out the gotomarket strategy as well.

Lockup of plastic is simple: pay me less for 10 years or continue to pay $80/ton and continue to lose money and you're not green. Very simple. As no one else can convert it, I will not allow a market to be created.

Please do the math and explore other similiar business models where a national rollout was required (ie: Checker's restaurants). Case studies like Lowen Funeral Homes don't apply because the costs of the funeral homes increased due to competition to buy clusters. We can benefit from clustering but not essential.

We are exploring the right balance: company (through equity PIPEs), JV's (10% and 35%), and franchisee (last resort).

In any event, FL should be a good quick test. I'll supply the math and maybe someone has some creative ideas to determine the ladder financing required to take it through (we are doing this inhouse but shareholders may think of something we have not).

BTW, the numbers presented (10%) is net revenue. Outback has a similiar model whereby they allow a JV to come in for $XXX at get 10%, the manager also must pay for his position (I believe $25k) for another %. Overhead is low.

Sideline interesting story: The day I purchased 310 Holdings (April 2009), Hans (zardiw)contacted me. His program (Amanda) alerted him to the 8k. He advised me he bought on that day.