Plastic2Oil Inc (PTOI)

[D3ling]

"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."

BUT this is where I got the JV from! Granted they don't offer numbers on how many ships will be retrofitted.
"The Company and Rick Heddle have agreed to a Joint Venture whereby Heddle Marine Service, Inc. will retrofit ships with P2O processors. The Company is now finalizing a JV Agreement for production of its first P2O ship with Heddle. JBI anticipates contracting with various countries to convert their plastic waste into oil."

So you are correct...the 45 P2O sites are LOI's currently.
Does anyone else keep forgetting about the ships? I know for me I get distracted by the 45 in Fla, Pak-it infomercial and am pleasantly reminded when I re-read some info lol!
D3