Plastic2Oil Inc (PTOI)

[Justice37]

At least you could only provide a response for one issue, it's a start I guess.

You got a reference for Green Envirotech and hastily miss-applied it to Agri-Plas.

So the $25 million dollar Agilyx processor (who are also supplying a plastic to oil processor to Agri-Plas for $6 million 20 ton processor and SynCrude may buy one) is the processor going to Green Envirotech. I do believe I corrected myself this morning or last night and indicated in my last post that it was an Agilyx processor, sorry you missed that part.

Now you are generously giving a 90tpd for 25mill out of the blue...

Not out of the blue, another poster called Agilyx, they got that information from them, hey, it's what you suggested we do. $2.5 million for a 10 ton processor, $25 million for a 90 ton processor, comparable numbers don't you think. I guess you missed that when you were doing your "thorough" research.

I agree that the Agilyx machine has some benefits, but they are costly in that the process requires a lot of scrubbers and filters to deal with harmful emissions caused by the high temperatures needed for their process. The high temperatures are why they can deal with the additional plastics and rubber and why they need the scrubbers and filters. You also have to remember that JBI have just purchased an air filtration company so they can deal with medical waste. I don't think I'm going out too far on a limb when I say that JBI should be able to add such filters for under $2,300,000, or under the full $2,500,000 price for the large 10 ton a day Agilyx machine. You also need to remember that JBI can alter the catalyst to produce various fuels. Also, as medical waste has some radioactive material, it seems they can alter the processor as well, seems pretty flexible to me, not seeing the boxed in part of your discussion.

I think you need to remember, you are the person that keeps bringing up Agilyx and Agri-Plas. Agilyx does have some good points, can you at least be a little more balanced and point out the good points of the JBI Processor. I don't believe I have purposefully provided misleading information in my discussions. Just one example is your saying that JBI is boxed in by their feedstock, it is not accurate or fair, it isn't just scrap plastic, they take waste plastic (which you finally mentioned in your last post) and mixed plastics as well, basically they deal with the vast majority of unwanted plastic out there (including car bumpers and plastic car parts).