Plastic2Oil Inc (PTOI)

[Justice37]

Re: BTW SynCrude plans to fund up to $6 mill to do 20 tpd

20 tons per day for $6 Million, this is a good thing. JBI is still saying $200,000 for a processor that does the same amount of plastic and takes up less space, can be put into a waste or recycling facility at little cost to the facility and the processor is paid for and owned by JBI. As these facilities already budget for unwanted plastic waste, they end up saving money by providing the space and don't have to access extra money. How can you see SynCrude as competition?

In regards to their location, who cares, do you know how many wineries are in the Niagara Region? Ford, GM and Chrysler are all in Windsor, Ontario. There is more than enough plastic to go around. Other companies just have to pay an enormous amount to process it. Does SynCrude fact in the $6 Million in their cost per barrel?