Plastic2Oil Inc (PTOI)

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The Company is pleased to report that in its third fiscal quarter through August 12, 2013, it produced approximately 82,618 gallons of fuel, with approximately 64,542 (78.12%) gallons produced as in-spec diesel fuel and approximately 18,075 (21.88%) gallons produced as naphtha.

"I'm extremely pleased with the consistency in which we've been able to produce fuel to start the third quarter," stated JBI Chief of Technology, John Bordynuik. "We are still running processor three conservatively and are encouraged that the residue removal is working as expected. Residue has been removed continuously during the machine's startup run, which today will be on its 23rd consecutive day." He continued, "We are looking forward to getting to the point where we can begin to test significantly higher feed rates on processor three."