Plastic2Oil Inc (PTOI)

[Artiztic1]

Wrong again.

I know it must be tough to admit the CEO of your investment, likes to MISREPRESENT or make things JUICY.

The Premelt wasn't even in existence till the 3rd Quarter 2011.


http://www.sec.gov/Archives/edgar/data/1381105/000121390011006335/f10q0911_jbi.htm

Q3: The Company successfully designed, engineered and fabricated a plastic premelt system. The premelt system is now capable of accepting mixed, un-shredded plastics in addition to plastics that are comingled with various metals. The premelt system operates from the waste heat of the original P2O reactor system and has the ability to separate the comingled metals from the plastic. This capability became especially critical for processing RockTenn material such as raggertail, as well as other large bales of compacted plastic. The raggertail was demonstrated to be successfully processed during a visit by RockTenn representatives and will significantly increase process efficiency at RockTenn sites, as well as alleviating a great deal of sorting efforts from many of the Company’s current and future plastic feedstock suppliers. In addition to the completion of the premelt system, the Company further enhanced the New York processor by installing Low Nox (Nitrogen Oxide) burners. This addition will further reduce emissions and was important when seeking permit exemptions in other States. This improvement enabled the Company to seek an air permit exemption in another State, eliminating many months of extra work and cost.

Just keeping it real.


the best method was exactly the way he handled it. it would have looked stupid for jb to say well the processor is 1,000 feet but were adding a premelt that we have not confirmed will even work but that will take up 300-1000 sq ft.


so lets recap, he waited till they were certain it would work and had the accurate size to update. jmo of course