Plastic2Oil Inc (PTOI)

[the big guy]

JJ: has it ever occurred to you that whether or not the plastic is free is not the point? I don;'t know why you are going on about it. It appears as if you are simply looking for some conspiracy. There is none. And especially with a poster like EP, who is nothing but enthusiastic.

The cost of plastic is inconsequential anyway. I posted last week that the cost for plastic was given in the CNBC video. They paid .50 for a quantity that I believe worked out to be 2% of the cost (assuming that the cost of a barrel of oil is $10, which is dubious). I wish I could play it back to get the details right. I believe that they pay .50 for a quantity of shredded plastic equal to 20000 bottles. Can't be certain.

The issue is overall process cost. This is an industrial process manufacturing operation. I don't know the cost structure and I believe that $10/barrel is unrealistic... but the cost of plastic is a tangential meaningless issue.

Don't you agree?

If you do, why don't you dedicate your considerable intellect to making a more relevant argument as to the unprofitability of the p2o process. It is not easy because there is not much information to work with or standards or norms in this new field.

Who ever said that "JBII can't make money without free plastic and everybody knows that"? If it came from this board, I would not assume that to be a fact. Feedstock is a small percentage of overall cost. No one here may realize that until financials are published.

Play back the video and get back to us.