Plastic2Oil Inc (PTOI)

[scion]

Robbins Feed and Fuel ring a bell?

Posted by: jimmenknee Date: Thursday, July 22, 2010 2:51:48 PM
In reply to: 2bigcats who wrote msg# 59466 Post # of 62378

Robbins Feed and Fuel ring a bell?

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SELLING SHAREHOLDERS

ROBBINS, GLENN 3,000 3,000 0 0%
[...]
ROBBINS, Kristen 1,000 1,000 0 0%
ROBBINS, Lara 2,000 2,000 0 0%
ROBBINS, Valentina 3,000 3,000 0 0%


John Bordynuik/Inc · S-1 · On 4/6/09
http://www.secinfo.com/d151E3.sXq.htm#1stPage

Posted by: 2bigcats Date: Thursday, July 22, 2010 12:38:20 PM
In reply to: techisbest who wrote msg# 59308 Post # of 62380

Techibest...answers to your questions:

I Glenn) do have 38 years experience in the petroleum business (self educated). I built owned and operated the blending plant in question. Will try to answer some of your questions and concerns.

Yes, the blending plant is a smooth operating very efficient facility. As you may or may not know mechanicial point controls contacts may corrode all wiring and controls and had to be inspected. If necessary repaired for saftey reasons. This has been completed and the plant is operational.

The product JBI is producing 85% # 2 fuel (diesel fuel) and 15% gasoline are near vehicle engine ready.
Instead of selling this feedstock to refineries(which he could if he wanted to) at a low price, it makes sense to improve this product with the use of the blending site.

Product goes from bulk storage to testing lab, blended and tested to government specs. May have to be blended up or down. As long as it meets gov. specs(which is easy to see it will by the quality of the product)it is market ready ,all in the same day.

Yes there are 2 different facilities. the blending site accommadates storage and blending of product that comes from P2O.

Blending plant is not a requirement for selling P2O output. It accommodates minimal uprgading and rapid truck tankers loading and unloading.

I would hope that JBI's future plans is to facilitate P2O plants on the blending plant properties if only to maximize efficiency.

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