Plastic2Oil Inc (PTOI)

[clu82]

I think we are talking the same thing, but I was just wanting clarification on what column B represented.

For instance, take the Florida JV announced on 12/22: "Also, JBI has signed a Letter of Intent for the establishment of an Area Development Agreement (ADA) for 45 P2O sites in the State of Florida with a newly formed entity controlled by Al Sousa of Largo, Florida."

To me this is one JV that will have 45 P2O machines. I am assuming 1 processor per site, but you are saying 2 processors per site? Has that been mentioned somewhere? From iBox: "Our large volume processor uses a large 15MT tank with an agitator."

From the calculation in column D, you are multiplying .04 by the '# of JV's' in column B. This number is the total earnings for all machines, which is used to determine the stock price eventually. So, to me, column C represents the total number of processors, not the '# of JV's'.

Not a problem, just needed to get my head around it.