Plastic2Oil Inc (PTOI)

[Artiztic1]

Your Juicy Tidbits are not even close to reality.

(1) 2 Processors running at only half speed for god knows how many hours a day.
(2) Working with the DEC "to file" they haven't even filed the application yet.
(3)He was very careful to never mention "Gross Profit Margins" what he carefully said was "Gross Profit Impact" shortly after he quickly mentions "our total gross is significant we're getting almost 90% of the market rate of that fuel" So much for a premium.
(4) According to the CC they have only processed 1,250,000 million pounds of fuel...not 1.4

Just keeping it real.



Here's a copy of the CC for you.

11minutes into the mp3 it starts. http://ifile.it/u0teo2h/JBIICC.mp3



JBII CC -- 10 TDIBITS OF INTEREST FROM MY NOTES:

(1) 2 P2O processors now running at maximum allowed hourly capacity -- now assembling processor 3.

(2) Solid Waste Permit -- working with the DEC and expect news in the near future that will allow them to double their capacity.

(3) 90% gross profit margin for fuel oil #6 and fuel oil #2 from P2O, 50% for naphtha.

(4) Have processed over 1.4 million pounds of plastic.

(5) "In our financials, we will specifically break out the gasoline and any third party fuel blended with ours. With fuel oil #2 and #6, it is 100% P2O fuel."

(6) Their multiple customers are repeat order customers. As an example, they signed a purchase order with a Fortune 100 company for 500,000 liters and delivered 85,000 liters so far and "are getting out another tanker right away"

(7) Three "extremely high net worth individuals" have invested $1 million or more each in the last 11 months.

(8) Expect details on financing, possibly project-based debt financing, in the annual report due March 15.

(9) NYSE: RKT partnership continues to move forward and are expecting to issue a "joint announcement" in regards to timelines and expect multiple processors deployed to NYSE: RKT over the next 12 months.

(10) JBII's procesor #2 was designed with the data from #1 in mind. Processor #2's design is replicable, manageable, proven, and deployable.