Plastic2Oil Inc (PTOI)

[Justice37]

What you say sounds good, absolutely no substance to it, but it sounds good.

I ask if something is concrete, you evade it by saying "Isolated no issue". Validation, the stack test, and the DEC approval and support is part of a whole. Blurting out "Isolated no issue" minimizes major factors in why JBI will be successful without providing substantive reasons as to why. Weak argument. Dismissing the product and validation by others in an offhand manor is like saying saying having the smoking gun, motive, and witness are isolated parts of a murder case but are not part of a whole, no substance to your logic.

There is no issue with establishing a valid pyrolysis-based process. This board has argued "competition" relentlessly to no avail. Kind of silly then to argue it as a non-valid process given the process exists, is valid, and is "old." The only "true" argument is if JBI's is better, which cannot be argued fairly until the exact nature (in sufficient quantities [i.e. > 20 {soon to be 50} tpd]) of the feedstock is revealed and we get the consistent yield/residue it will produce.

That's a hoot. Naysayers are constantly posting partial information on all sorts of P2O processors. Find an instance where a new company that provides P2O was introduced by longs. We end up responding to these posts because the information shown has never been balanced. Issues that are bad for JBI such as it has taken too long, wasn't this supposed to be done a year ago, etc.... When we point out that the company of the day, such as the one today, started 15 years ago we are mocked as it's clear such companies have just proved how long it takes to become profitable or that there process is better because they tweaked it for 15 years. The competition have huge and extremely costly machines, take a look at the pictures of the competition. The machine of the day, is being put into a factory this year, cost $120 million. In every case, when you look at the final product, the amount of waste, the cost to heat and the temperature to make the product work, always shows how superior JBI is. Show me a P2O process that makes real money, especially when you consider the cost of the machines and the inefficiency of the process. We'll know soon enough with JBI. In the future, please hold other companies up to the same standards you expect from JBI.

What part of six week run was unclear to you in the CC. Look at the permissions given in the 10-Q and the 8-K and tell me that they did not do multiple week runs. The last P2O start up in New York, burned down the day it started to run tests, the DEC went over this with a fine tooth comb, no way does JBI get to operate commercially unless the processor was put through it's paces.

A chink in the armor here-- on surface again it suggests the movement away from "scrap" and towards "waste." Here's a ponder: was this the source of the "10-years of free plastic?" If so (and even if not), why lease? Why take on the "risk" of "just needing to break even" by leasing?

A chink in the armour? JBI have to inspect the plastic that is used in the processor, it's in the 8-K. Having a recycling plant allows them to do this. I have to explain this part it seems. By taking free waste, they can make a profit from desirable plastic and paper, and process unwanted plastic that arrives as waste, but a lot arrives as just plastic, 8 trailers, nothing but plastic on the site right now. If the recycling plant breaks even (a profit would be nice). Then JBI can inspect, bale, and provide plastic feedstock to their processors for free. Otherwise, the inspection and sorting would add costs to the process. Did you get that. Risk???

This was already an abstract head-scratcher given the disconnect to selling straight to a refinery combined with the non-blood but extreme-affinity relationships. (Never liked the smell of this fundamental.)

Abstract, maybe you don't understand what concrete really means. No need to sell to a refinery, this is a good thing, got that part. Blending, needed to open up commercial markets for the diesel and gasoline. Price lower because they own the facility, this is a good thing. You don't like the "smell of this fundamental" (??????, who talks like that) because John's Aunt dates the retired former owner, and JBI hired a qualified blending specialist, who did work for Sunoco, and Sunoco did offer him a large bonus to stay when he left just over a week ago, who is the son of the former owner. It's not like John and Colin played in a pay pen when they were young, didn't meet until they were adults. Are you saying that this means there is something crooked going on here, why not just say it instead of implying it. Again you blurt this garbage out with nothing to back it up but some asinine quotes. Verbose with no substance.