Plastic2Oil Inc (PTOI)

[retiredptt]

That October 2012 PR refuting the SAIC study THEN NOTHING.. was the first time I really started questioning JBI fact vs. JBI fiction.

To PR something like that then let such a period of time pass without clarifying what the processors are after PR'ing what they might not be was very telling.

After the December 10th call do we know or can we guess price per barrel estimates?

We know their costs for Crayola plastics are $0.03 per pound but the Crayola relationship appears to be used to mislead us as there is no way they're getting the quantity of plastics from Crayola to impact price per barrel.

What we didn't learn was the price per pound for the premo stuff they're now buying since Heddle took over. Thats the material they appear to be running most of the time. That plus the $1 per gallon for HTF puts us at a price per barrel its time for JBI to clarify as they appear to have relationships finalized that should help them realize price per barrel. It ultimately comes down to a willingness to share that information, right?

Forget about the game of what the processors will sell for. How about a game of what JBI will ultimately claim as their price per barrel as we know its far from the $10 per barrel we were originally told back when JB was putting out 18 PR's per day?

Any guesses?