Plastic2Oil Inc (PTOI)

[Steady_T]

If you read this closely then you know that the original catalyst formula is old. It was updated to conform to the current standards for chemical usage.

That means it may be patentable but it may not be novel enough to be patentable. Patents are not the only way to protect intellectual property. There is the copyright approach and there is the trade secret approach. Consider that the formulas for Coke and Pepsi are not patented but are trade secrets.

All a patent does is entitle you to sue and be counter sued. Thomas Edison spent so much money in defending his patent that he said he never made any money on the light bulb. And he was unable to stop other companies from producing them.