Plastic2Oil Inc (PTOI)

[FrankLind]

John would have believed, at that time the 10q was authored, that the process did not require any further modifications. That is why he wrote it.

But then, as is probably the case with development of this kind of technology it was discovered that it did require modifications. So they modified it again. Thus the processor was down. This is further supported by the further modifications that occurred in the last quarter for the petcoke removal system. It is the nature of these kind of projects. Things are not clean and straight-forward. It is stop-start trial and error.

I also think that quarter was spent on more tinkering and getting ready for the SAIC test run - which produced the goods.

Overall, I don't care and I think not knowing what is happening now is FAR more important. (i.e., tankers )