Plastic2Oil Inc (PTOI)

[Arthur Edward Whoof]

THE FUNDAMENTAL PROBLEM VALIDATED

How many of my statements have been validated?

http://investorshub.advfn.com/boards/profile.aspx?user=379220

There is no way JBI can become commercially viable when the price of plastic is more than the price of fuel.

IMHO, JBI pumped oil through the machines just to get their numbers up for the quarter… they called it HTF but no one caught on. This left everyone speculating that this is some kind of fix for something but conveniently they never really elaborated. It’s the perfect cover since they used an excuse that this is a one time high cost but it is clear that there is no advantage in spending more on input than you get in output unless you simply needed to increase your volume numbers. Plus, it is easier to hide out in the open and easier to process than buying and hiding plastic numbers, so it gives them a more difficult to challenge cover for the obvious ploy… clever.


In the end, it has become obvious that the company misled the public about FREE plastic and $10brl, just like I said, and I said they would need to buy plastic in order to stay within emissions standards and I was absolutely right, they stated that they have no choice but to buy plastic because the FREE plastic is difficult to come by, just won’t work, it will cost them too much to use FREE plastic and it fouls up their machines, process and output, just like I said.

Remember my many posts about “The Killer is in the Logistics” and once again I was spot on, the company said in the 10K-

“we experienced some challenges in logistics”

It’s almost like they read my posts and simply confessed… amazing!


It’s really a shame that all the hype and excitement was all founded on misguidance that they have now confessed to, they admit that using unwashed, unsorted FREE plastic is problematic and that they must pay for plastic.

This means that there is no way to produce oil at $10brl.

This means that all of the references to third party validation was based on incorrect data and the $10mill/year processor is completely false.

This also means that all of the projections of incredible profit margins that really made this company look like a great investment were completely fabricated based on misguided falsehoods that have been completely ANNIHILATED by the 10K. This means that a lot of people were misled and misguided by guidance, PR’s and promotions that simply were not true.

I think this can be considered fraud and the SEC would have a serious case if they can find even the slightest reference to anyone that worked for JBI knowing the truth and yet promoting otherwise, which I don’t think will be difficult to find if they focus an investigation specifically on this topic instead of just bookkeeping fraud.


I said that JBI is obviously not trying very hard to become commercially viable or they would not have painted themselves in such a corner with all of the permit and functionality regulations and limitations. Just like I said, Agilyx has a much better chance than JBI because they focused on the P2O problems and not the hype like JBI.

Also 100% correct about this entire JBI P2O company being a farce since they have no way to turn a profit when they have to pay for plastic. The truth of the matter is so clear now, simply put, if they can get some sucker company to sell them good sorted plastic that can run in their machines for less than recycle market value that they could make more money if they just sold that plastic to a recycler at market price since market price of the cheapest plastic is more than what they could make if they turned it into fuel!

The part that amazes me the most is how people are reading into the 10K and trying to put a positive spin on it. You can clearly see that everything that I have been posting has come to be correct, yet there is a lot of diversion and unstated assumptions that are being promoted to distract everyone form THE FUNDAMENTAL PROBLEM that I so clearly defined – There is no way to produce FUEL at a profit from plastic when the value of the plastic is higher than the value of the FUEL.

It is also clear why they have not been running the machines for any length of time… If they did… the numbers would reveal that they can not become commercially viable… The input cost of feedstock would be greater than the FUEL sales and this would shake out rather quickly, therefore they have to divert attention away from this as long as possible if they want to keep collecting paychecks.

Now, guess who is spending YOUR money based on all of the company’s well orchestrated misguidance-
Juicy Johnny and his jetset pals…






Disclaimer;

I am in no way compensated for my opinion or my posts on this site. I have no ‘secret agenda’ or personal gain that can be materialized from the act and method of my postings. I am simply a concerned, ‘outside’ interest with valid knowledge and information that I feel may be helpful. I chose to provide this information and related opinions at my own will and from the direction of no person, company or entity. My motive is to help those that may not have the background, knowledge, means or access to this information and my personal desire to gain additional knowledge and understanding of the topics discussed. I am compelled to educate and help offset the continued barrage of misleading and obscured information that I have identified here. No ill will, malice, defamation, or slander is intended in any way. All literary creativity utilized in my posts are intended as a vehicle to express my opinions. I am always open to mature discussions of substance and encourage rebuttal and enlightenment. My sincere apologies go out to anyone that is disturbed by the revelations of fact that I have conveyed in the past or may provide in the future.