Plastic2Oil Inc (PTOI)

[Rawnoc]

Agilyx is a miserable failure. We've already been over this.

Furthermore it's impossible for them -- or anybody else -- to compete on JBII's RocKeT fuel turf since JBII has a 10 year EXCLUSIVE contract with NYSE: RKT

(1) Agilyx's own permit says they make neither fuel nor oil but a "gel-like substance" that "must be heated to 130° – 150 F to effectively transfer it"
For a good laugh, see their permit:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65745841

(2) Agilyx has to pay for their plastic feedstock (unlike JBII) as they failed to achieve getting a solid waste permit (unlike JBII):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65752255

(3) Agilyx's machines are prohibitively expensive, costing up to 10 times more than a JBII machine yet only having less than half the capacity of JBII's NYSDEC allowance and a fraction of what JBII's processor is capable of:

"Agilyx (formally Plas2Fuel) agreed to sell and install, a twelve vessel waste plastic to oil recycling system (the “System”), for a purchase price of $5,595,645."
"An entry-level plant would probably cost $2 million to $2.5 million to set up"
"An entry-level system would process about 20,000 pounds of plastic feedstock per day"
http://portlandtribune.com/sustainable/story_2nd.php?story_id=127367768353395400
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66347354

(4) Agilyx requires an entire team of employees (very expensive) to run their system and uses outside energy (very expensive) to run it (unlike JBII who uses free off-gas to run theirs):

"employ about 14 people"
"For every BTU of energy used to run the Plas2Fuel system, an equivalent of 7 BTUs of crude oil is produced."
http://portlandtribune.com/sustainable/story_2nd.php?story_id=127367768353395400

(5) Gets worse -- As of April 2011, after 10 years, they only sold 15 tankers worth. How long until JBII sells more tankers, for almost double the price, than Agilyx has sold lifetime?