Plastic2Oil Inc (PTOI)

[korogi]

Your conversation implies that Mr. Zecca would indeed purchase a JBI processor or two, were he able to do so. And let's be clear: this is not about Ag plastic because there is not "enough" regardless of dirt.

The issue is the 80 tons per day that is source separated at the local MRF.

And remember, at 8-9 million each there are plenty of private companies rather than municipalities that would be interested.

My suspicion is that JBI is in active negotiations with more than one outfit (but then Rick Heddle has said as much publicly).

Mr. Zecca told me yesterday that they couldn't afford even one of JBI's processors outside of receiving a grant, and that grant money was drying up.