Plastic2Oil Inc (PTOI)

[dreaminbig]

It is my opinion based on JBI PR's, JBI filings and the JBI website that:

1) John Bordynuik is no longer the CEO.

2) JBI is not producing several thousands of barrels a day. If they are making a $90.00 profit on thousands of barrels a day, where is the money?

The blog that was quoted, in my opinion, is flawed. If there is proof to the contrary, I'd be happy to take it under advisement.

That is your story(opinion)tell it the way you want, I have my own opinion, and is completely contrary to your response to my post.

knightwatch.typepad.com/knightwatch/2012/06/dummies-nickels-pennies-plastic-recycling-petitions.html

The “Plastic Eating Monster” is the invention of John Bordynuik, C.E.O. of a startup company in Niagara Falls. Thousands of pounds of shredded plastic from all over the U.S. are melted and vaporized in the monster’s tank. Using a process that rearranges hydrogen chains, 90% of the plastic is turned into #6 fuel – fuel used by large companies. In 2012 Bordynuik is producing a few thousand barrels of oil daily. Each barrel costs approximately $10 to produce and sells for about $100. Considering the U.S. dependence on oil and that we recycle only 7% of plastic yearly, the Plastic Eating Monster sounds eco-friendly.