Plastic2Oil Inc (PTOI)

[buenokite]

The permit requires source separated plastic so the sorting is done at the plastic waste origination site.

I was talking about selling the machines and presumably they are willing to sell the machines outside of New York and therefore outside the jurisdiction of the permit. And I specifically was talking about municipalities and waste management companies that would have very diverse waste streams that would obviously include plastics and non-plastics.

Bottom line is my three points are:

1) With these kinds of buyers it would seem they would be interested in "what-if" non-happy path scenarios that include mistakes made in sorting. Not just PVC but contaminants in general of all types including even water. I have seen patents from other companies that address the contaminant issue. What capabilities in the machines are there to handle contaminants or wet plastic? Or even water-separated HTF for that matter? Or is the approach truly to stock up on burst disks and hope for the best?

2) But even in the best case, for all of the reasons that it is difficult to obtain plastic from a waste stream for recycling, the same would apply to obtaining plastic from a waste stream to put into JBI machines. And by the time you have sorted that plastic and made it JBI "machine ready" you potentially have plastic that is worth MORE on the recycle market than making into fuel and you are STILL considered just as green. BlindS argues after the sorting they will have sufficient non-recyclable plastic and I have said time will tell.

3) And finally even if they sort down to the range of optimal P20 plastic (whatever that is), the reality is the company using optimal plastic and HTF has only been able to run the machines at a tiny fraction of their capability. We will see in the next 10-K if all the grand statements at the AGM were real or the typical Bordynuik nonsense.