Plastic2Oil Inc (PTOI)

[SteveF]

JBII will not be processing plastic that is already being recycled by waste management companies. They are going after commercial waste that is readily available and that companies pay to have taken off their hands.

Why aren't those waste mgmt companies pursuing the clean industrial plastic that JBII will be getting for free? Makes no sense that 20 tons of clean shredded plastic per day is available for free when recyclers pay so much for the public's dirty stuff.

Are the people giving JB free plastic also early shareholders too, like the Islechem guys?

I'm sorry I brought up the IsleChem owners as shareholders topic. I assume that they purchased the shares legitimately (after the news was made public) or they were willing to receive shares as payment for services.

No, they were the first ones invested before the public ever heard of JBII. In fact, Islechem played a big role in them becoming known to the public... Very shady conflict of interest there.

P.S. When JBII announces they have purchased Islechem's building as the site of the P2O processor, does that mean JBII just bought Occidental Chemical? When are they going to announce that, do you think?

All I know is that the Islechem report was instrumental in artificially inflating the PPS, and selling stock is how JBII paid them for their property. Pretty obvious conflict there.