Done...thx
Please add these questions to your growing list.
“The XTR Energy agreement will require the Company to purchase third party fuels to blend with its P2O fuel output until it can build out the capacity to meet the full quantities required by the customer.”
What’s the percentage of plastic derived fuel, that’ll be blended with purchased third party fuels for resale to XTR?
How many processors will be needed to meet the full quantities required by XTR, to fully eliminate the need to blend plastic derived fuel with third party fuels?
Has any blended fuel been delivered to XTR to date?
What’s the maximum output of Naphtha per processor?
Will the time to process change, by tuning the processor to produce more Naphtha?
“On February 9, 2012, we received approval from the New York State Department of Environmental Conservation of an amendment to our air permit which allows us to operate Plastic2Oil® P2O processors at our Niagara Falls, NY facility at an increased rate of 4,000 lbs. per hour. This rate is two times the rate at which we were previously authorized to supply feedstock to the P2O processor. The approval of the increased rate of operation now permits us to amend our Part 360 Waste Permit to reflect the storage of similar plastic volumes and is a key component to our plans for long-term growth.”
The DEC recently increased feed rate to 4,000 lbs. or two tons per hour per processor. This increase would result with a need of approximately 120 tons of free plastic needed per day, for running three shifts with an hour down time per shift at maximum input feeds.
Is the company currently receiving at least 120 tons of free plastic that can be processed per day to meet this need?
“One of the Company’s subsidiaries entered into a consulting service contract with a shareholder. The minimum future payment is equal to fifty percent of the operating income generated from the operations of two of the most profitable devices and 10% from all the other devices in marine industries”
Is the minimum future payment of 50% of operating income to an unnamed shareholder, from the two most profitable P20 processors referred to as devices?
Are all other devices in the marine industries, describing P20 processors?
What’s the total current cost of materials, labor and time to build each new processor?
Is the number one processor operating at the full allowed capacity yet, if not when, same question for 2&3?
Will 2&3 need to be tested to satisfy the DEC prior to running commercially?
What is the company’s expected net profit or earnings per share, per processor - on an annual basis, for Niagara Falls plant vs the first Rock Tenn site?
How long before the company expects fuel to be produced from the first RockTenn site?
Is there a profit sharing agreement on the scrap steel from the raggertail, or is all the scrap steel property of JBI?
Can the scrap steel be sold in its expected condition after plastic processing, or will further cleaning be necessary?
What’s the current market price for the type/grade of steel in the raggertail after processing?
How many barrels of fuel are currently in inventory, for each type of fuel that was produced from plastic?
When the company uses “In Spec” in their fuel definitions are they saying that the fuel produced is within the “ASTM” specifications for that particular grade, if not what specification are they referring to?
Has the company started planning on any succession alternatives, if John is found guilty and barred?
Has the DOJ been in contact with/investigating JBI or anyone affiliated with JBI, as a result of the SEC investigation, or for any other reason?
Thanks - Art
