I'm sure if massive gains were true than John certainly would have screamed that info from the highest mountain. Instead he left message board posters to say it for him. So the silence by John on any throughput gains speaks to the gains, if any at all - of not being of a material nature.
The problem with John is he's always painting the prettiest picture with words, unfortunately - it's with invisible paint.
The premelt is probably just another delay/excuse, in a long list of - delay after delay, and excuse after excuse.
Not one mention of throughput gains by John ever, not one PERIOD.
Just keeping it real.
(6) "the Company also designed and has nearly completed manufacturing of a premelt system to allow waste plastic to enter the processor whole in bale form, or in large pieces (e.g. gas tanks, bumpers) without shredding or granulating the feedstock. This premelt system will maximize production at third party facilities (i.e. paper mills or MRF sites) and other waste stream sites by allowing minimal handling of feedstock. Management’s highest priority is bringing modular processor #2 and 3 online so the Company can become cash flow positive"
"During the second quarter of 2011 the Company designed and engineered a premelt loader for the Plastic2Oil processor to eliminate handling, shredding, and bagging of waste plastic. With the premelt loader, bales or supersacks of plastic are set on a conveyor and then are loaded whole into the premelt reactor thereby eliminating shredding and much handling. During the modularization of the processor, the CEO was able to eliminate the off gas compression system in favor of a simplified low-cost off gas handling rack (4’ x 4’ x 4’) for better control and at 1/5 of the cost. The cost savings through modularization has been used to offset the cost of the premelt loader."
