Plastic2Oil Inc (PTOI)

[dreaminbig]

Why is that? JBI received permission to operate processor 1 in December 2010. They received final permitting for 3 processors last summer. Why didn't they build 2 and 3 while they were waiting? They could have been operating 3 processors continuously since last summer. Doubling production would have been icing on the cake. But noooooo.

There will ALWAYS be another excuse from JBI.


JBI, Inc. Plastic2Oil Process Commences Commercial Operation

Posted Dec 15th, 2010 in 2010 News Releases
THOROLD, Ontario, Dec. 15, 2010 (GLOBE NEWSWIRE) -- Today, JBI, Inc. (JBI) (OTCQX:JBII) announces that it has entered into a formal Consent Order with the New York State Department of Environmental Conservation (DEC) Region 9, which will allow the Company to immediately run its Plastic2Oil process commercially and begin construction of an additional processor at its Niagara Falls, New York P2O facility.

There are no profits so far because the permit for the doubling of production per processor is still a couple of days in the the future and the third processor is still not running.