Plastic2Oil Inc (PTOI)

[Arthur Edward Whoof]

Someone has to catch on already...

Step 1. Get specific sorted plastic #2, 4, 5, and 7

Step 2. Make Oil


In step 1 you must buy presorted plastic

OR

You must separate the plastic from a waste stream


If you buy presorted plastic you will pay a minimum of $600 per ton for it

If you separate it from a waste stream you will have plastic that is now worth at minimum $600 per ton on the open recycling market.


http://www.plasticsnews.com/resin/recycled-plastics/current-pricing


In the BEST POSSIBLE CASE SCENARIO here is the math-


One ton of plastic / 8lbs per gallon of fuel = 250 gallons

250 gallons / 42 = 5.95 barrels of fuel

$110 sell price per barrel amounts to a total of $655 oil from one ton of plastic


In step 1 you could PAY $600 or SEPARATE and create a $600 commodity…

Either way you have SPENT $50,000,000 to end up with NO NET PROFIT

Because it will cost more than $55 to separate the plastic.

Once you have SEPARATED the plastic STOP AT STEP 1, sell the plastic and you can possibly make a profit. The open market price for separated plastic goes up to $1500 per ton!

Did the SAIC report did not address the cost of feedstock vs. the open market value of the feedstock?

So at an average price of $1000 per ton for the separated plastic…

IF you could separate enough plastic to run just one reactor at 100% for a year… (that in itself will be quite a challenge)

Just selling the plastic outright would generate $17,520,000

OR you could spend $50,000,000 of shareholders money and put that $17.5mil plastic in a reactor and hope it can run long enough in a year to make $10mill worth of fuel. (and lose $7.5mil a year vs the value of selling the plastic… not counting ANY other overhead and expenses)

Hell, build 3 and run them to lose $22.5mil a year vs the value of the plastic, but be sure to string your shareholders along for as long as possible…

Sounds like easy OPM in the bank!