Plastic2Oil Inc (PTOI)

[Tson99]

Not sure what your expectation was but at the end of August they said that they were going to ramp up production slowly. You don't go and beat the shit out of a brand new car the first day you get it. There is thing called a "break in period" and that is with an engine that has been built 1000's of times. This is a brand new processor, they will slowly accelerate the fuel production until they reach maximum throughput. They will probably have more problems and minor issues as they work towards that goal. Anyone who thinks that this new processor should be running at full speed now is an idiot. That was not the expectation they set. They still have not said when they will be running at full speed, they are moving forward towards that goal.

If you are talking about expectations in terms of joint venture and partnerships, these will be made on the basis of processor 3. Three months time is not enough to validate the technology and give potential partners information/data about what they can expect. They need a couple of more runs with P3 to be able to effectively negotiate potential partnerships and joint ventures.

Costs have and will continue to come down. Increasing production reduces cost/gallon and I have no doubt cost efficiency will increase as time goes on.

If the market expected that we were going to hear about joint ventures and partnerships after only 3 months of P3 production then the market got what it deserved. As far a fuel production goes, I too was expecting more but not a lot more. I still prefer to see the processor running 42 days straight over running full out for 10 days having to fix all kind of problem because they have not been methodical in their processes.

They have made a lot of progress in the last 3 months a I believe the stock price does not reflect the progress.

Tson99