PLASTIC-TO-OIL: (1) Stack test now scheduled which takes one day -- last step to get the permit to start full commercial operations. (2) JBII's technology improved the fuel yield to 89% from 40%. (3) Off-gas byproduct is produced and self-runs the system with excess natural gas that's stored as a bonus. (4) 2 man operation per shift. Process is simple and robust with very little waste. Total cost of the processor only $200,000. (5) Entire process is being patented. No more changes needed. (6) Free feedstock already lined up. Plenty of sources available. "We can be choosey at this time" because there's so much available. Prefers hydrocarbon-based plastic from industrial waste which tends to maximize the numbers out of the processor. (7) Permit = immediate full commercial operations including sale of already produced fuel. (8) Permit = joint-venture partnerships begin talks for expansion everywhere.
PAKIT: (1) "Commercials expected launch this summer" (2) "We look forward to announcing the new product line in the very near future"
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