Plastic2Oil Inc (PTOI)

[Steady_T]

I talked to DEC today. As always they are pleasant folks to deal with.

JBII has been in meetings with DEC working out language and details for the application.

To give you an idea of the time frame involved for obtaining a permit for a new technology like JBII's the person described JBII as "zooming along" in the process. Referencing that comment to when the testing and data acquisition letter was issued in the late Spring.

Also JBII was described as "not being a dilettante like the others we have seen." I ask what was meant by that and was told that none of the other companies they had seen had built operating hardware and had demonstrated the ability to get to a stack test. Furthermore DEC liked that JBII continues to work on tweaks to improve the operation of the process.

DEC has seen the data from the stack test and on preliminary examination sees nothing that causes them concern. They will go over the full data set closely when it is submitted as part of the application.

I asked about the time to process the app...the answer is they won't know until they see it.