Plastic2Oil Inc (PTOI)

[Johnik]

The AST system consists of a 20,000 gallon storage tank and the lines required to connect it to the processor.
I think that a 20,000 gallon storage tank would occupy approximately 3,000 cubic feet. I think the math would then suggest that such a tank could be 15' in diameter and 20' high.

Would a "shed" built to accommodate such a tank, a foundation and the tank itself, with required connections be reasonably described as "relatively inexpensive"?

How do you distinguish the above from "Dude, the steel shed is a little shed outside the main building that houses the compressor and several storage tanks"?

I think those dimensions (15' diameter X 20' height) describe a storage tank that is about 32% larger than that required, but I understand you were just using very rough estimates. Anyway, I did not see anything in the contract that would require the storage tanks to be housed indoors.

With respect to construction obligations, the obligation to construct such tank and related equipment rests with JBI, per clause 2.1.2.