Plastic2Oil Inc (PTOI)

[the big guy]

see my most recent post.

ThHe cost of an employee, whether he is paid hourly or not, is approximately $100/hour.

This is composed of base salary, fringe (vacation., benefits), and Overhead. That was the number we used for all cost analysis for professional people.

Any construction project of this nature is going to have some Engineering costs because there will always be some customization for each installation. If you look in the 10K you will see the numbers spent on this initial installation. In the future the numbers will be less, but there will always be some. JBI has to develop a notion of "product", that is something they can sell which will be flexible to adapt to different customers, but that minimizes the amount spent on Engineering.

I think making fuel from plastic would be great PR for big oil companies. They could have a procesor at one of their refineries and allow people to dump their plastic waste. The fact that they do not is a "red flag" for me. I must assume that it is just not profitable and maybe conflicts with their core business. I mean that in the sense that it cannot go into a regular refinery process with the rest of the crude (another Red Flag for me). Likewise though, car companies have never been too interested in green vehicles until now. Reason: that is not what their customer wanted, not what they cared about, and not profitable. The heck with the environment (was their attitude..) Strictly profit motive.

The cost of the building would not be included, as I just posted. But, it should occupy minimum floor square footage.

Air conditioning would be included in O/H,. LOL>>

Turning point?

see my post. help me with my questions.... if I can be convinced they can make fuel for SIGNIFICANTLY less than $45/barrel cost... I just may get interested, but still question the market for that fuel.