10 TIDBITS FROM THE 10K
(just 10 items I found interesting that haven't been mentioned much here so far)
(1) "As at March 16, 2012, we have not found any issues with the continuous operation of our second processor"
(2) "In December 2011, we also signed a long-term fuel supply agreement with Indigo Energy Partners, LLC, a wholesale distributor of petroleum products and renewable fuels in the U.S., under which we recently began selling “off-take” fuel oil No. 6."
(3) "We collect waste plastics, at no charge, from commercial and industrial business that generate large amounts of this waste stream. Furthermore, such waste plastic is delivered to us by such businesses at no cost to us."
(4) "Metals are also removed during residue removal and are valuable to local metal recyclers."
(5) "We anticipate that fuel produced on-site by a P2O processor will be sold to industrial partners or third parties at a [B]price comparable to the market rate for such fuel."
(6) "Prior to year-end, the former employee settled the dispute with us and agreed to pay us $250,813"
(7) "Management’s highest priority continues to be bringing additional processors online so we can become cash flow positive."
(8) "We have retained contractors to perform building and installation of utilities and other necessities to run our processors on site at the first RockTenn location. The site has an existing pad and small building already in place, which will be used for P2O operations. In preparation for the construction of the first processors, we have hired and trained new operators and fabricators in Niagara for future relocation to the initial RockTenn site."
(9) "The Company received an additional $495,000 for further subscriptions for 495,000 units under this private placement during January 2012."
(10) "We have applied for International Patent Protection for our Plastic2Oil process in its entirety. Our catalyst and knowhow are being safeguarded as trade secrets, as a measure to ensure their confidentiality."
