Plastic2Oil Inc (PTOI)

[Artiztic1]

Nice pictures the other day, the processor equipment looks quite impressive. Hopefully, one day soon they will get one to operate at a consistent basis.

I like many others here believe P2O works, however, it has yet to be proven to be viable to me and in my eyes. I will not put blind trust into the SAIC report, when I'm not sure of the "assumptions" they made to come to their conclusions. If the "assumptions" were made with getting "free plastic" their assumptions could be wrong, and we may not be able to rely upon them.

According to the company itself, in their own words and slides they basically say they may pay for plastic to get the right type of plastic needed, in the right quantities. In other words they may not always get it for "free" as you suggest and as SAIC may have assumed.

Do you have any knowledge that JBI is currently receiving upwards of 150 tons per day, or that it already has supplier commitments for such in place?

Jbi's slide presentation called the procuring of the right types and volume of plastic "Critical to success" any idea how they are making out with getting supplier commitments in place, other than RockTenn - as currently it's only "critical" for the Niagara plant?

http://www.sec.gov/Archives/edgar/data/1381105/000121390012003969/f8k072312ex99i_jbi.htm

I know it's been said a million times over that 30 million tons per day gets landfilled. However, it gets landfilled because of the cost or inconvenience of separating. The problem lies with paying someone to get it sorted/separated into the right types and quantities delivered, and thus making it potentially too expensive to process profitably and be viable.

You have to literally make up costs.

What does paying for plastic do to their margins, or SAIC assumptions? Can you (or anyone) find the types of "free" plastic needed, that will also get delivered for free at the Niagara plant in the 150 ton per day quantities’ needed, and post a link to such? I've looked and I can't find any.

They put free garbage in a self-energized, automated hole and in-spec fuel comes out.

Based on that, I predict margins will blast through the roof