Plastic2Oil Inc (PTOI)

[Artiztic1]

I prefer to go by what the permit actually says rather than your over simplific version.

There are reasons why limits have been set for Annual waste receipts, could be based on square footage of the building, or a million other reasons.

The only fact we know is the current limit set by DEC itself. Let me quote them for you:

"Annual waste receipts shall not exceed 19,500 tons. Written approval and modification of this permmit is required before waste receipts may exceed the permitted (quarterly and annual)tonnage limits."

see page 3 link attached)

http://www.sec.gov/Archives/edgar/data/1381105/000121390011003255/f8k061411ex99i_jbi.htm

It's not as easy as writting a letter and just requesting a higher limit as you suggest. Limits are certainly based on certain DEC criteria and either the Niagara Falls facility meets the criteria or it doesn't.


You're still confused. Says right there in the permit a simple letter and the capacity in the solid waste permit is expanded.