Plastic2Oil Inc (PTOI)

[Steady_T]

What seems to be lost in the discussion of the Executive summary and the subsequent JBI PR about it is this.......

At the time that report was written it was accurate. It showed that a cluster of three processors running at 50% uptime will generate an EBITDA of $18+ Million per year. The best case was considerably better than that.

No matter how you slice it, the margins are wonderful and the cash generated is huge.

Time has passed since that report was written and JBI has said things may have changed since that was written so don't rely it.

Those changes could be positive or negative, JBI doesn't say.

Doesn't matter really.

What SAIC said in that summary was that JBI has a process that makes fuel at very low cost when three processors are running even half the time.