Plastic2Oil Inc (PTOI)

[tykundegex]

Of course not... you need 600 sqft per processor (i.e. 2), space for plastic storage (silo?), a large fuel tank to store the fuel, room for forklifts and drive around, etc. My point was that JBI's P2O processors compared to Envion's are like the microcomputer is to the mainframe. And while I've never been given specifics of the staff required to run it, Envion says their plant can be operated by 2 staff members.

So even if you consider all the space, salaries, extra equipment, and insurance you need, I cannot see this adding to $1m per year for operational costs. And the one-time investment of $500k up-front for the processors is a very low barrier to entry. The training & support is covered by JBI -- see a prior post of mine where I pasted an e-mail I received from them.

Also, please consider Envion's $6 million dollar price tag for their P2O. That's 12 times a JBI franchise. Also, when you consider than with the catalyst the 10 tons can be processed in 2 hours, you can theoretically run 5 or more batches per day (depending on loading/cleaning time between batches). x2 machines, means it will yield far more than Envion's plants.

I think the model is hugely compelling, and when people run the numbers they will find the same. If you have an existing industrial or agricultural site with space and workers (i.e. the overhead is in-place), then your 500k investment can be made back within a couple of months.

Very compelling stuff IMO.

S.