Replies to post #266709 on Plastic2Oil Inc (PTOI)

[flptrnkng]

reports of the shuffling bins outside the recycling center!!!!

Ahh, yes, the recycling center, where it was a no-brainer that shredding and bagging their own plastic was a profit center.

It's two guys in a metal shed shovelling free plastic into a hole! How could it not be a money maker??

And that 20 year lease they signed? That included having to pay property taxes for not only the recycling center, but the house out front also? Well, that's just a shrewd business move to lock in a 20 year supply of free plastic feedstock.

And signing a lease that disallows sub-lease in the event you tire of the 'free plastic' story? Genius!

[stocker11]

You're right it has been awhile. P2O works very very well. Their flagship processor processes 2000+ lb/hr and they've achieved continuous run times of 30+ days. You have to love the way this tech has evolved from table-top to flagship in 5 very short years.