Plastic2Oil Inc (PTOI)

[stocker11]

Well, there is one thing for sure. When the company is capable of running the processor comfortably at 3000 lbs. an hour and consistently for weeks at at a time it will provide proof of concept. Anyone wishing to buy one of these machines may find themselves in a bidding war. I'm thinking royalties may also be part of any agreement.
Further, 4000 lbs per/hr was the maximum rate approved by the DEC from from the old maximum of 2000 lbs. per/hr. There is nothing in the permit that requires them to run at capacity. The new permit allows them to increase through-put significantly from the initial permit and it allows them to increase through-put further should they decide to do so once the machine is broken in. And also remember that this is new technology and that no one before JBI Inc. has ever successfully converting plastic/HTF into usable end user fuel.

Read it carefully. If I'm not mistaken a permit was issued over a year ago to allow the processing of up to 4,000lbs/hr of PLASTIC. Now it appears that the Flounder is HOPING to be able to process a proprietary combination of plastic and heat transfer fluid in an unspecified ratio at a TOTAL of ROUGHLY 3,000 lbs an hour.