Plastic2Oil Inc (PTOI)

[SteveF]

According to the Islechem report summary filed with the 8K, Islechem only tested the process - they are not involved with improving the catalyst or eqpt efficiency improvements as we were all led to believe.

http://www.sec.gov/Archives/edgar/data/1381105/000121390010001378/f8k4122010ex99i_jbi.htm

JBI, Inc retained IsleChem in Dec 2009 to analyze their plastic to oil solution and assist with preparing documentation required for state permits.

We modified JBI's P2O processor to collect data from sensors, residue, and off gas for analysis.

Until they release the actual report we have no idea if the secret catalyst had any effect (or if it was even tested at all). It sounds like they simply tested the Blest/Donghe machine as-is. Those mfgr's make this same data available (as their other customers require the same permits) so I can't figure out why Islechem was even hired (except to sell more stock).