Plastic2Oil Inc (PTOI)

[Johnik]

"Should RockTenn make such Plastic Feedstock available at a landfill or other unit located on a RockTenn Facility, JBI shall be responsible for obtaining all Governmental Authorizations for, and the costs of, removing the Plastic Feedstock from the landfill or other unit, transporting it to the License Area, processing it through the JBI Machines, and paying all other costs and taking all other actions required to convert such Plastic Feedstock into Fuel." (highlight mine)

The above seems to suggest that the RockTenn Facility identified in a given Agreement Addendum will incorporate the License Area within its walls, otherwise ALL feedstock would require some transportation. Is that your understanding? It may have been done already (I'm obviously confused), but I'm trying to firmly establish whether the processor will or will not be kept in the "steel shed" that JBI will be required to construct. I still don't know exactly what the steel shed is for. Can you clear this up?

I'm not sure I understand your question. You probably already noticed that the term "License Area" does not have a uniform definition for all sites, but rather is defined separately in the Agreement Addendum. Perhaps the confusion stems from the term "license." Do you understand what a "license" is when used in the context of property rights? (Not questioning your intelligence here, mind you, just trying to understand the question.)

I think the "Steel Shed" is a different issue, although it certainly relates to the scope of JBI's license. The details pertaining to the Steel Shed are obviously proprietary, given that they were redacted from the RockTenn contract. Why does the precise location of the processor matter to you?

"RockTenn shall provide all Plastic Feedstock to JBI at no cost."

I never suggested that the agreement called for RockTenn charging JBI for Plastic Feedstock.

No, you did not suggest that the contract called for RockTenn charging JBI for feedstock. I was not suggesting otherwise. I was merely providing additional relevant information, and that is all.