Plastic2Oil Inc (PTOI)

[jjsmith]

The Islchem report served as more evidence that P2O is worthless. Notice in the report it says the process is scalable, NOT THAT THE MACHINE TESTED WAS SCALABLE. That explains why they are having so many problems and provides further evidence that the Islchem testing and validation is only good for the small machine they tested and DOES NOT CARRY OVER TO THE LARGE PROCESSOR. They tested one machine and used this as proof of validation of P2O, yet the large processor is not the same as the small processor.

Isn't it odd that if the machine were scalable without significant changes, why do they keep having to change sensors and add more equipment to the machine to conform to the DEC and EPA standards (I called this one almost a year ago and once again I was right.) Why is there a problem with the off gas, yet the small machine didn't have any problem reported with off gas and in fact the claim was that it produced no toxic emissions.

It is very suspect when a company tests and releases to the public suppossed validation of a machine, shareholders are given liquidity to dump their stock, yet the validation machine is quite different than the production machine.

So we have proof now that the Islchem validation is worthless. If they want to validate P2O, get a permit, make some fuel and sell it. Then P2O would be validated. The fact that they even hired Islechem to validate it makes it all even more suspect. Remember originally Islchem was hired to validate P2O, then it all changed and all the sudden their job was to improve it. Amazing how many times JBI changes their story.

It makes one wonder if JBI knows they will never make a penny with P2O, but if they hired Islchem and created hype about P2O, John's family and friends could dump the stock they had from the losing tape business. Remember they were probably pissed at him for never making a penny with the tape business and what better way to save face then to hype up some magical p2o machine and allow them the liquidity to dump their shares at a profit. Sound very logical to me. I can't think of any reason to have a simple process like P2O "validated" over a period of months, rather than just running the machine and making money, unless of course they know it will never make any money.

Further testing at high processing rates proved that all the off-gas could not be burned (temporarily for a stack test) in the process furnace.

http://www.sec.gov/Archives/edgar/data/1381105/000121390010002805/f10ka2009_jbi.htm

many expected stack testing "days away" after the AGM.....that was impossible (if they wanted to pass) without the compressor station.....even JB made the "months???" comment about the permit.....

if they KNEW the need, they did not ACT on it until June, while keeping expectations cast that a stack test was imminent..... that's even worse, IMO.....but the above seems to imply that it was only after "further testing".......that would be like me saying after further testing, I see a power supply needs capacitance.....(or an automotive engineer saying that after further testing, it was determined that a car design needs a gas tank and fuel pump)...

inexcusable, in my OPINION......

The compression system was talked about at the AGM, designed by guys who did work for Exxon.

PS: any video of those comments?????

And Islechem already certified no emissions -- not just JBII

there are always SOME emissions, the point of the DEC test is to measure them, and establish threshold limits....and it's their certification that counts......