Plastic2Oil Inc (PTOI)

[the big guy]

The notion that the existing processors in NF will be "sold" is laughable. I worked once on a job that involved moving several key pieces of equipment across the country. There were 2 Construction Contracts, not the usual one. One for the teardown and one for the New Build. The teardown occurred, the new equipemnt wa stransported across the country, and the New builkd occurred using the new equipment.

Guess what? The dollar value of the 2 Construction Contracts was about the same (3-4 Million each). This was all factored into the ROI analysis, where various alternatives (buy new, etc) were looked at.

To sell one of their existing processors effectively doubles the construction cost.

And how do we know that 2 processors are built? Even if they are built, same argument as above applies.