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Ubertino

10/05/15 5:12 PM

#286712 RE: xxxxcslewis #286707

It is cracked into fuel etc. just like the plastic.

Not reused.

Its job is to transfer heat to the plastic but it, too, becomes fuel eventually.

retiredptt

10/06/15 10:43 AM

#286730 RE: xxxxcslewis #286707

So what becomes of the "used oil"?

Correct me if I'm wrong but its my understanding the used oil or heat transfer fluid has been bought, dumped into PTOI/JBII processors and has historically been counted as part of PTOI/JBII's plastic2oil production totals.

Q3 2013 was PTOI/JBII's first quarter running heat transfer fluid and after a full quarter running processors with heat transfer fluid PTOI/JBII PR'ed a record breaking Q3 2013 reporting a 42.37% increase in total gallon production with nary a mention of used oil or heat transfer fluid.

June 28, 2013 -- JBI, Inc. Receives Permit Amendments for Inclusion of Heat Transfer Fluids in Plastic2Oil(R) Process

JBI, Inc. Announces Highest Recorded Quarterly Fuel Production, Q3 Financial Results, and Fourth Quarter Operations Update

Deceiving the reader by not mentioning used oil or heat transfer fluid is yet another one of the countless examples of PTOI/JBII taking the "low road" and behaving as do-bad people hiding behind a do-good idea to what? Sell shares? I ask because I still don't know why they've behaved the way they have. Its as though they can't be upfront and honest. I can't compare their behavior to anything I've ever seen before but it seems to be a textbook example of what happens when moral bankruptcy is combined with business hubris. I can tell you first hand that the fallout has been devastating for us shareholders and my posting history proves an early on steadfast support of everything that was PTOI/JBII.

If a processor does sell God help the buyer.