Replies to post #278796 on Plastic2Oil Inc (PTOI)

[fourkids_9pets]

Posted Jan 21st, 2015



Many of you have inquired about our recent press release and our recent 8-K filing with the SEC, regarding the sale of processors to EcoNavigation, LLC (EcoNavigation). More information will be released as it is appropriate, but I wanted to provide some clarity on the pilot and on the anticipated sale of processors.

First, as was indicated, a pilot production run would take place within a 120 day period for evaluation by EcoNavigation. That period began January 2, 2015 and will end May 1, 2015. The 120 day period includes pre-pilot production activities, the start-up, run, and required maintenance of the processor during the pilot. The Niagara Falls, New York processor #3 will be used in the pilot. In the past year that processor, and the rest of the Niagara Falls facility, has undergone extensive scrutiny and review by a national engineering firm. The facility requires minimal preparation to be ready for the pilot to begin.

The beginning date will be determined by EcoNavigation.

http://www.plastic2oil.com/site/news-releases-master/2015/01/21/letter-to-plastic2oilstockholders-from-richard-heddle-chief-executive-officer

*known* upcoming time line (aka clock/calendar)

EO March >> 2014's K Filed
April 27, 2015 >> settlement signed off of
May 1, 2015 >> *pilot* completed
Mid May 2015 >> Q1 FY2015 Filed

think about it :)

4kids
all jmo