Tuesday, November 26, 2013 8:03:50 PM
Everyone must remember that Forward Looking Statements are just that and because this new technology hasn't provided that proof of concept within an unrealistic time frame that that somehow means it will never occur. I suggest everyone read or re-read the PR and Transcript of the Conference call and truly absorb the contents. Write out the positives and negatives and then decide whether proof will ever occur or whether proof of concept is eminent.
No company has ever created end-user fuel from a Plastic Pyrolysis in the past at these levels of input/output. Processor # 2 appeared to have great potential which was evidenced by the amount of through-put/output during the stack test but it became quickly apparent that these numbers could not be consistently maintained and up-time was still an issue. It was therefore necessary to construct processor # 3 in hopes that it could provide both high levels of through-put/output over longer periods of time(the latest being 42 days). We have been told that through-put will be steadily increased during Q4 and if that come to fruition then proof of concept will be upon us.
It is also apparent that there will be great demand for processors should this proof of concept occur in the near future.
http://www.plastic2oil.com/site/news-releases-master/2013/11/12/jbi-inc-announces-highest-recorded-quarterly-fuel-production-q3-financial-results-and-fourth-quarter-operations-update
http://www.plastic2oil.com/files/JBI2013Q3ConferenceCall.pdf
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