Plastic2Oil Inc (PTOI)

[wEaReLeGiOn]

I just love how these game changing info-bombs come in the form of an e-mail to a shareholder from Juicy John.

Now the perpetual motion machine can't be stopped, or all the magic evaporates. Somehow I think shareholders would accept using a little natural gas to get the money machine rolling again, but no-no, can't have that for the magic show.

Now Juicy John can blame virtually anything for lack of production and revenue, because any reason is good enough if it means having to stop the processor for 5 minutes. Right, then a cold start will be needed?

What a crock.


We received the air permit increase by mail a few days after it was issued. The cover letter from the NYSDEC advised us we need to amend the solid waste permit before processing 4000 lbs/hr. We filed suggested amendments with our year-end report. Plastic2Oil machines must run 24 hours per day as it is a continuous process. It cannot be run for 16 hours, stop, then fed the next day. Once the system is heated up it must be fed continuously to maintain steady state. Continuous processing provides us with off-gas at all times to keep the machine off the grid and also to make consistent fuel.

Batch-based machines or “so-called” batch-continuous processes make bad fuel and can run intermittently. I’d rather make consistent fuel all the time without heating energy costs.

Regards,

John Bordynuik

CEO
JBI