Plastic2Oil Inc (PTOI)

[Arthur Edward Whoof]

The problem is that the plastic that JBI needs has a market price of at least $600/ton.

Not counting the shipping cost.

The value of the fuel that they could make only comes up to $600 at best.

They have stated in the 10K that they must pay for plastic and they can not use FREE plastic due to 'logistic problems'

Based on the statements in the 10K it sure sounds like they are not going to be able to use the RockTenn plastic.

Since they can not use landfill plastic and they can not get (or economically process) enough FREE plastic and the permit says that they can not use plastic that can be recycled... it sounds like all they have to process is HTF (oil).

So, commercial viability is off the table.

And CPF... dreaming