Plastic2Oil Inc (PTOI)

[tykundegex]

FYI, the "5 minutes for a ton" remark stems from a comment John Bordynuik made about the speed of the process at the AGM.

I heard the statement first-hand (well, another incarnation of it), however it was not a statement that said one ton is processed in 5 minutes, but that (paraphrasing) one ton of plastic is loaded into the reactor, and within 5 minutes of the catalyst being added, the condensers started saturating with diesel. It is not entirely clear how long 1 ton takes to complete, but the "20 tons is 2 hours" is a better number to take.

And while that does not mean that you can simply process 12x20 tons per day either, clearly the 20 tons/day number is not even close to the theoretical limit of the processor, but rather a very conservative estimate of the practical volumes expected to be processed.

If uptime can be judged by tons/day processed, I believe you could see a 300% uptime within a few months of ironing out the kinks

Tyk