Plastic2Oil Inc (PTOI)

[Steady_T]

There is a difference between invalid assumptions and unproven estimates.

JBI has estimated that it will be able to produce fuel at $10/bbl. That estimate is based on the assumption multiple processors running at 75% uptime.

So far that assumption of 75% uptime and multiple processors running has yet to be fulfilled. Are they invalid assumptions? Time will tell. So far there is obvious progress on getting multiple processors running, so that assumption clearly is possible to fulfill.

Attaining 75% uptime has less support at this time. Does that make it invalid? Nope. But it has yet to be proven. The Q1 data will shed some light on how much progress is being made towards that goal.