Plastic2Oil Inc (PTOI)

[Arthur Edward Whoof]

Plastic Feedstock is FREE in OZ

The great wizard even said that he would get paid to take it before someone discovered the man behind the curtain...

In jbi land the man portraying a wizard now says-

Different feedstock may result in different fuel yields including potentially higher production of off-gas or petcoke residue, which would proportionately reduce the amount of salable fuels produced. The presence of contaminants in our feedstock could reduce the purity of the fuel that we produce and require further investment in more costly separation processes or equipment. Additionally, contaminants that are present in the feedstock could result in damage to the processor which wo

uld cause unplanned downtime and lower expected fuel volumes.
page 17 of the jbi 2012 10K annual report

Some of the challenges that alternative fuel producers have faced include high feedstock supply costs, lower perceived value of fuel product, higher capital costs and dependence on government regulations for economic viability.

page 11 of the jbi 2012 10K annual report

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 jbi 2012 10K annual report

The effectiveness of our business model may be limited by the availability or potential cost of plastic feedstock sources.
...if we are required to pay substantially more than is reasonable to become profitable for feedstock, this could reduce our fuel production and/or potentially reduce our profit margins if we are forced to use alternative, more costly measures to procure feedstock. It is possible that an adequate supply of feedstock may not be available to our P2O processors to meet daily processing capacity.

page 35 of the jbi 2012 10K annual report

...processor #1’s reactor began displaying severe signs of wear...

page 34 of the jbi 2012 10K annual report



Starting to sound like $750 a ton is the only plastic that won't cause a processor to have a 1 year life expectancy, excessive down time or bad/undesired output.




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