Plastic2Oil Inc (PTOI)

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(and I almost never invest in companies that are not close to breaking even)

does this mean since JBI has recieved both the the Air and Solid Waste permits that alot of people said wouldnt happen with out fines and other red tape fahooey

does this mean JBII is starting to look attractive to savy investors above $4.00 as opposed to the lucky people who invested at lower levels?

(the fact that they JUST got permitted after a year of promises is nothing to do backflips about.)

In Dec 2010, JBI was issued a Consent Order to operate a P2O processor while State Facility Permits were acquired. JBI filed all documentation and applications with the NY DEC within the timelines identified in the Consent Order.

(nothing to do backflips about)

On May 2, 2011, JBI, Inc. (“ JBI ” or the “ Company ”) and Smurfit-Stone Container Corporation (“ Smurfit-Stone ”) entered into a Referral Agreement (the ‘ Agreement ”). Pursuant to the Agreement, Smurfit- Stone shall refer to JBI selected clients (“ Smurfit-Stone Clients ”) that may be producing significant amounts of plastic feedstock to assess the potential use of the plastic feedstock in JBI’s Plastic2Oil™ process. Upon each introduction of a Smurfit-Stone Client to JBI, JBI shall asses, in its commercially reasonable discretion, whether such Smurfit-Stone Client generates a sufficient amount of plastic feedstock to ensure that at least one JBI Plastic2Oil™ processor operating at such Smurfit-Stone Client’s facility will be able to operate at a minimum capacity of (10 metric tons/day).

$3.12

On May 5, 2011, JBI, Inc. (“ JBI ” or the “ Company ”) and Oxy Vinyl Canada Co. (“ Oxy Vinyl ”) entered into a Purchase Order Agreement (the ‘ Agreement ”). Pursuant to the Agreement, Oxy Vinyl has agreed to purchase approximately 214 of JBI’s low sulphur heating oil at a cost of 109.80 per barrel.

$2.81

On June 10, 2011, JBI, Inc. (“ JBI ” or the “ Company ”) and Coco Asphalt Engineering, a division of Coco Paving, Inc. (“ Coco Asphalt ”) entered into a Supply and Service Agreement (the ‘ Agreement ”). Pursuant to the Agreement, the Company has agreed to supply Coco Asphalt on a weekly, per demand basis with petroleum distillate at a cost of $109.80 per barrel.

$3.59

(That is why the share price is not justified)

$4.10