Plastic2Oil Inc (PTOI)

[the big guy]

good post. You hit it right on the head.

"The point was only that there were companies that were willing to buy JBI's output."

I always knew that. I understand that JB may not have been able to name that refinery before it closed. Unfortunately, that is not good endough for me in terms of making an investment in JBI. It remains an unsubstantiated claim then.

Just because some chemical analysis has been done to validate JBI's fuel means nothing to me as well. Because of the intricacies of the crude oil market, which I profess not to understand, there could be lots of reasons why they could not sell to refineries as has been claimed.

Can you provide a link to something that would substantiate the above (that refineries are willing to buy JBI's output)?

The above claim has set a floor for investor's expectation upon fuel sales.

The addition of the blending site has complicated things as far as I am concerned. Saying that an even greater margin can be obtained is building on the floor established by the refinery claim. Does anybody know what kind of margin the blending site achieved when it was in operation and even where it fit in the value chain?

The original plan was to sell to refineries. The blending plant only came into the picture in the Spring of 2010. I questioned the opriginal plan, and the blending site just complicates things for me.