Plastic2Oil Inc (PTOI)

[the big guy]

I would look more at operating cost... don't you think? A few million is just the start.

Most of the investments I have been involved in evaluating in some sense have been some kind of modification to an existing plant, hence it is hard to evaluate JBI. JBI is not an operating plant, it is an experiment. i say that because it is a sprawling plant intended for demonstration and it is a prototype. There has been no thought as to such practical things as minimization of footprint, economical use of space, etc. There has been some work at optimization, but I have never seen any evidence of commercialization (creation of IFC drawings, for example).

Usually I see an ROI on 2 types of investments mainly:
- Sustaining = sustaining a level of production. I am involved with one now. Replacing capacity lost due to natural depletion.
- Growth = growing production, new plant.

JBI is neither of those categories. So... it has to be REALLY GOOD. I would have to see an airtight business case to trust this business to succeed. They have to repay the initial investment plus operate profitably.

Just sayin'.

TW... IFC is a professional sports league like MMA. Look it up on Google....