Plastic2Oil Inc (PTOI)

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Gross Profit from P2O

For the year ended December 31, 2011, the P2O business generated revenues of $288,442 and incurred a cost of sales of $222,992. In 2010, the P2O business had not yet begun to produce commercially and had no revenues. P2O had a gross profit for 2011 of $65,450. As P2O had no operations in 2010, a year over year comparison differs significantly.



http://www.sec.gov/Archives/edgar/data/1381105/000121390012001206/f10k2011_jbi.htm

For the nine month period ended September 30, 2011, revenues of P20 include fuel sales from the conversion of waste plastic at the Niagara Falls, New York facility of $132,957 and revenue from the sale of processed waste product (primarily paper fibre) of $88,696. These sales in the three month period then ended amounted to$85,477 for fuel and $55,075 for processed waste product. There were no similar sales during the comparable periods ended September 30, 2010.

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