Plastic2Oil Inc (PTOI)

[Rawnoc]

The Company currently owns five P2O processing machines including the original desk-top unit, a 1-ton unit which will continue to be used for research and development purposes as needed, a 20T processor located at the Company’s Niagara Falls location, as well as component parts that have been procured to assemble two additional production size processors. The Company believes that these machines are capable of converting waste plastic to oil through a process using a chemical catalyst. The currently operating machine is a 20 metric-ton processor intended for commercial use. The Company intends to assemble more of these machines, which it will own and manage itself, or license to commercial operators in the United States, Canada and elsewhere.