Plastic2Oil Inc (PTOI)

[wEaReLeGiOn]

At the time, that post was completely accurate. Since that time JBI has struggled, and fallen short of any meaningful fuel sales to anyone.

"Could you provide a list, or a picture, or a single link to anybody ever claiming only a $10/hour employee?"

Sure- I don't have IH search feature, so I'm not able to post them all. These were sourced through Google; All by the same author.


"When I was there, many trailers were there. Some of them for unloading apparently newly arrived plastic (and there was a worker unloading one and shredding it). Some of them apparently freshly loaded trailers for delivery to the plant.

Unless they knew I was coming and quickly staged everything (lol yeah right), it was clearly an active facility with fresh plastic coming in and freshly prepared plastic going out.

It was interesting looking over the variety of sources and company names on the labels which verified a variety of sources.

I watched the dude shredding the plastic by the way. He looked almost bored. Just threw it onto a conveyor belt that went up hill, then the plastic falls into a shredder, then at the bottom of the shredder (at the moment I was there) was a supersac catching the pieces. Then I suppose he has to write down on a post-it-note-looking thingy where it came from, what it is, and how much it weighs. The dude probably makes a cool $10/hour. Real expensive. ;)"

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"5 employees * $10/hour (is it more?) * 40 hours/week * 12 weeks = $24,000

Looks like most of the P2O cost of goods sold was for the labor staff at the recycling center.

If you think making the fuel in an automated process is more labor intensive than baling cardboard, then I have waste plastic at $650/ton to sell you."

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"$100 an hour is a figment of your imagination. Did you see the dude in the video? He looked like he just got back from a Grateful Dead concert to work the night shift at JBII for $10/hour."

On another note, this one still has me in stitches..

Wrong yet again. The media credits were NOT written downn The media credits retained their full $10 million value.

Know why? Because they were worth $10 million. It's impossible for their value to go down except when used because they are worth identically the same as $10 million worth of cash paid right now today. If I showed up with cash $10 million I can only buy IDENTICALLY THE SAME amount of media time as JBII can with their credits.

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Could you provide a list, or a picture, or a single link to anybody ever claiming only a $10/hour employee?


Sounds like nonsense. (Agreed =)