Plastic2Oil Inc (PTOI)

[Justice37]

Are you serious. Start doing your research sooner than later. First up, look at the problems we have with plastic. According to the EPA 97% of all municipally collected plastic is put into landfill and most of the 7% of plastic that is recycled is recycled into items that cannot be recycled. Plastic manufacturing has increased an average of 8% over each of the past few years. Google the Pacific Garbage Patch and report on what you find.

Next, do some research on the difficulties of recycling plastic, there is a reason only 7% is recycled.

Here are some links for starters.

2009 EPA statistics regarding municipal waste.
http://www.epa.gov/osw/nonhaz/municipal/pubs/msw2009-fs.pdf

7 Misconceptions About Plastic and Plastic Recycling
http://www.ecologycenter.org/ptf/misconceptions.html

Do you really think that the increasing problem with plastic is going to go away and that any form of green technology is going to become unfashionable.

You can predict that the sky is going to fall as well as saying oil prices are going to drop 25%. At the same time, so, what if the cost of crude oil drops to $75, JBI currently sells fuel for WTI + $11, that means they would sell fuel for $86 a barrel for only a $76 a barrel profit. Also remember that the current sales are most likely introductory deals as the company attempts to break into the market. JBI's profit margin is better than what traditional fuel providers have. For example, big oil, pay full crude prices for more than half their fuel needs, they can't drill enough and yet they are still extremely profitable paying full crude prices for more than half their stock. The plastic that JBI receives is free. Companies give it to JBI instead of paying landfill tipping fees. Look at the above statistics, there is no shortage of plastic and no shortage of potential profits for JBI.