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loanranger

04/28/17 8:08 AM

#299163 RE: fourkids_9pets #299087

How can one possibly cite someone as if they are an authority when in November of 2016 they wrote that "The machine at its Niagara Falls, New York, facility can deal with nearly two tonnes of plastic waste an hour" when we all know that the PTOI can do nothing of the sort. It almost did so once a number of years ago*** and it hasn't been able to deal with any plastic waste since 2013.

"Ricardo's (director's) article (Nov 2016)"

The author (Simon Brewster) is the Director Industrial Engines for Ricardo and the so-called "Ricardo's article" actually appeared in Materials Recycling World, a British magazine.



***
December 2011:
"The three tests were conducted at feed rates of 3,258 lbs/hr, 3,233 lbs/hr and 3,932 lbs/hr, respectively."
"In-spec" end-user fuels produced (Fuel No. 6, Fuel No. 2, and Naphtha) were also tested and verified as ultra-low sulphur, consumer-ready fuel. The conversion ratio for waste plastic into fuel averaged 86%."
http://www.plastic2oil.com/site/news-releases-master/2012/01/20/final-report-from-recent-plastic2oil-stack-test-reconfirms-process-viability

We've come a long way, baby!

April 2017:
"In the year ended December 31, 2016, we had total sales of approximately $21,950, of which $0 were derived from our P2O business"
"In the year ended December 31, 2015, we had total sales of $0 from our P2O business and $10,397 from our Data Business."
https://www.sec.gov/Archives/edgar/data/1381105/000149315217003674/form10-k.htm



I'll bet that there are still some folks around here who either bought or held their then JBI shares based on that 2012 press release. I hope there aren't any who are tempted to rely on the current propaganda to make the same decisions:
"The machine at its Niagara Falls, New York, facility can deal with nearly two tonnes of plastic waste an hour".

jcoukr

09/06/17 4:16 PM

#300171 RE: fourkids_9pets #299087

130 shares to buy a .99 McDonald's burger.

If you can't see what is coming and what I have been warning of then it's about to be a rude Awakening