Plastic2Oil Inc (PTOI)

[jjsmith]

WOW..call the DEC and ask them if JBI used contaminated plastic in the stack test. Also, ask them if JBI's permit is going to allow them to use any chemical/material known to man or is it limited to plastic and other non toxic chemicals.

Also, I am still waiting for the press release or 8K where JBI puts it on the official SEC record that they have a contract for 10 years of free plastic. This would be a bombshell, why don't they 8K it or issue a PR if this is a true statement? Makes you wonder what is really going on.

At this time we can process dirty plastics without any difficulty. We do not need sorted clean plastic. The lab results show little difference between running PP, PE, HDPE, LDPE, or pvc for that matter (PVC is preprocessed before entering the reactor) sorted/combined/cleaned or for that matter a composite, when run in our processor and I have that data to back it up. It's the classic what you put in you get out. If I process 1 lbs of plastic and half of it contains rocks then I am really processing 1/2 lbs of plastic (converted to fuel, propane and possible some residue from colour additives) and the 1/2 lbs of rocks stays in the reactor. If we process a unique plastic that is made up of 25% metal then the metal stays in the reactor.

Do we must have to pay for plastic? No we don't. I have a contract for mixed plastics, free, for ten years and that is no big deal because I don't have any difficulty acquiring plastic. We are happy to receive dirty plastic (ie: mixed, composites, etc..) . What you have to remember is we get out what we put in.. so if a unique plastic contains 5% heavy metals then the heavy metals stay in the reactor and we get 95% of the remainder converted to fuel, propane, and then up to 2% additional residue.