Plastic2Oil Inc (PTOI)

[tykundegex]

It was 65% of oil revenue actually, not 25%. But that was for the "franchise" model (i.e. not sure how it differs from a JV rev-share).

If JBI is self-funding the initial US-based JVs, then it could be more (although they'll be footing the bill for the processors too).

I guess anyway you slice it, if the first 25 JVs go on-line before the O/S share count in increased, and oil doesn't drop to $40/barrel, PPS should top $10 pretty easily.

S.