Plastic2Oil Inc (PTOI)

[tykundegex]

This info is covered in the 10Q and on their website FAQ. The processors will be partly built by 2 third-parties, and partly build in-house. The funding is planned to be project-based funding (i.e. not selling more shares), but only when JBI's own processors are operational and large fuel purchase contracts are inked. They imply that the fuel contracts are waiting on the company being able to produce a minimum (large) amount of fuel on a regular basis -- this is why #2 and #3 are required and why it remains managements "highest priority".

That's the plan, anyway.

But will the new building & SG&A costs lead us to a new PIPE with an outrageous referral fee, before the rest is all in place? Yes, IMO.. it seems likely.