Plastic2Oil Inc (PTOI)

[Arthur Edward Whoof]

FREE Plastic... they pay us to make fuel!


Any thoughts on why the 'negative feedstock cost' have now become 'we made the determination that in order to obtain the most optimal feedstock on a consistent basis, we would be required to purchase this feedstock.'?
page 35 of the jbii 2012 10K annual report

NIAGARA FALLS, Ontario, June 25, 2009 (GLOBE NEWSWIRE) --

As we are currently paid by clients to recycle these tapes, this will effectively cause a negative feedstock cost into our Plastic2Oil processor. These old tapes weigh approximately 2 kg each with their plastic cover, and we believe we will be able to produce 2 liters of fuel from every recycled tape. Through this acquisition, we have approximately 50 tons of tapes to read, to migrate the data and to recycle in our Plastic2Oil processor, 20 tons immediately."

LINKBACK - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39055925





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 reveal the fraud that this company is perpetrating. I am compelled to educate and help offset the continued barrage of misleading and obscured information that I have identified here and expose the perpetrators of this misguidance. 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.