Plastic2Oil Inc (PTOI)

[Artiztic1]

All I'm saying is, I believe the hard part is finding the JV with the empty floor space thats ready to rock. I don't think many company's have 8,000 - 12,000 sq' feet of indoor space collecting cobwebs out there.

Sure they can build it, however what does that cost per sq' for a 10,000' Industrial building, loading docks etc? Time to build out and what about having enough land to build out on, a 10,000 sq' building with loading docks, parking etc. This is no small hill to climb. Jb has his work cut out for him in finding perfect JV's.



Let's see.....3 20 ton processors making 109 bbls a day = 327 bbls of fuel a day.

327 bbls times $99.80 (That's selling price minus the $10 bbl cost of production)= $32,634 per day time 331 days = $10,802,052 per year gross revenues.

That's roughly $8,000,000 for JBI and $2,000,000 for the company providing the 8,000 to 12,000 sq ft of space.

Splitting the difference and saying it required 10,000 sq ft of space, that means the effective return on that space is $200 per Sq ft, not counting the avoided tipping fees the company enjoys.

Somehow getting space doesn't seem like it will be a problem now does it?