Plastic2Oil Inc (PTOI)

[Artiztic1]

Dead wrong across the board.

JBI is currently allowed to run at the maximum 4,000 lbs per hour, for unknown reasons he chooses to only run at 2,000. Two thousand pounds per hour is not "maximum allowed hourly capacity"


According to the DEC SWP Permit they’re currently allowed to store 400,000 lbs. of waste plastic in the storage building.

That’s plenty of "Plastic Storage allowed" to run the processors at the new maximum allowed capacity.


So we know the storage of waste plastic isn’t the issue, and we know the quarterly limit allows then to run continously 75 tons a day...Hmmm

There's a quarterly limit of 5850 tons ( http://sec.gov/Archives/edgar/data/1381105/000121390011003255/f8k061411ex99i_jbi.htm ). Using a 13 week quarter and a 5 day work week, 75 tons/day = 4875 tons/quarter. Using a 6 day work week, 75tons/day = 5850 tons/quarter

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7993976

The only thing we don’t know is the whole story on why they’re not currently running at full allowed capacity.

Man the engines...Half Speed ahead.