Plastic2Oil Inc (PTOI)

[the big guy]

You are forgetting about the engineering required. This actually was accurately depicted in what we take to be the SAIC Summary (which I question the validity of).

The figures given were a total of 8.5 Million to complete, with an OOM estimate done. The OOM estimate is 5% of the total or 500k. makes sense. That gives a total of 9 Million Capital Cost. The Summary also made mention that there would be 2 Million further of Engineering work required. Makes sense to me. Fits with industry benchmarks.

JBI does not have the expertise to do the engineering work.

That leaves 6.5 Million to build the unit with a detailed design done. JBI would provide key pieces of equipment and a construction firm builds it. 2-3 Million for JBI, the rest for PM and the contractor.