Plastic2Oil Inc (PTOI)

[buenokite]

I tend to agree Snow. And the plastic required for the machines appear to have a market value. Obviously with the DEC permits they have to use non-recyclable plastic so it is kind of interesting. On the one hand they need to find "optimum" plastic and on the other they need to make sure it is not recyclable. And by the way before this is declared just a Bogolin issue, Bordynuik bought plastic before Rauber. So every single CEO including Heddle have bought or are buying plastic. And every single CEO has said they were or are trying to find cheaper plastic that still fits the requirements of the machine.

And finally their problem is not just the cost of the plastic. This is due to the fact that even with this optimum plastic the machines including #3 have run at a tiny fraction of their capacity to-date.

So they need to improve up-time and throughput while finding a buyer that threads the "feedstock needle" described above.