Plastic2Oil Inc (PTOI)

[Imperial Whazoo]

Well, I think it is a perfectly valid point that, in classical SET THEORY terms, JBII is amongst the set of companies who are, or have at one time been, in a pre-profits stage of company development.

Innumerable successful companies can claim to have been inside of this pre-profits developmental phase SET.

JBII belongs in this pre-profits, developmental phase SET.... a set consisting of companies who are, or have at one time been, developing a unique technology around which to frame an innovative company.

In JBII's case, however, how large is the SET OF COMPANIES (pre-profit or otherwise) who can be said to be attempting to turn plastic back into petroleum prodicts, AND who have obtained verifications from two or more sources that demonstrate that the story behind the start up company in question is a valid story?

How many companies occupy the same set brackets as does JBII in having gotten environmental permitting, that validates their niche technology, from the New York State DEC?

And how many companies remaining after culling according to the above, have also survived serious scrutiny and lab testing by impartial benchmarks administered by recognized third party entities?

So, to summarize,

There have been innumerable technology companies who, at the same approximate timeline in their existence as JBII, were too new to have exited from the "pre-profits" phase. JBII is, according to those set brackets, in a well populated set.

That was your point, if I'm not mistaken....
...that JBII is spending a lot of $$ in the present phase. Bear in mind, it is entirely appropriate for any company in the , developmental, pre-profits phase, to be spending money like this. After all, that is the criteria that is common to innumerable companies occupying this set, LOL.

For that reason, in that there are now, and have been in the past, innumerable similar companies occupying this set, I fail to see the importance of your point. To be frank, IMHO, it is irrelevant.

But.... then I choose to cull that set of companies.

When the other criteria, delineated herebelow, are employed to cull this set, it remains 100% true that this little company is the one and only occupant of the set of companies competing in this narrow technology niche who have gained governmental permitting that verifies the legitimacy of their technology, and who have obtained similar non-governmental verifications that likewise certify that the company is well down the road to delivering on a unique vision to recycle the mountains of waste plastic, which pollute our precious world.

And furthermore, after culling the set, it remains 100% true that JBII is unique and has no competition whatsoever.

The set of companies of which the above is true is a single item set list: JBII alone.

What will most likely happen next, IMHO, is that JBII will emerge from being in the "pre-profits" phase and will become profitable.

Even then, however, it will be unique, but in that instance, it will then have become the one and only PROFITABLE technology company occupying this niche set.

Hope this helps.

:o)

Imperial Whazoo