Plastic2Oil Inc (PTOI)

[snow]

ponzi

I guess the last idea would be a good one. The technologies of the two companies are so different that there will be no conflict when it comes to patents. Wastes that have been shipped to China are going to be shipped to Spain (Cádiz).The Swedish company just closed a deal with a major Spanish company in the waste industry with a view to handling part of the waste that has in the past been shipped to China. My impression is that the technology of the Swedish company is way more robust than that of JBII. It can easily handle various compositions of waste plastics.

Finally I would come with one correction. Test production has been going on for some time but the first commercial processor is now expected to be placed in some country in the Middle East in November in accordance with a contract for 10 processors to be owned by a joint venture. A contract With Iraq is expected to be signed soon.