Replies to post #67693 on Plastic2Oil Inc (PTOI)

[Estimated_Prophet]

Your reply proves the point. You don't see any good. Most JBI investors see a lot of both good and bad. Getting a 20 ton processor to run steady state for a stack test in about a year is a major accomplishment. JBI investors that I speak to are more optimistic now than they have been in months.

[dipinvester]

Hilarious...you've never seen any good news here? Now that is funny.

[techisbest]

janice_shell: I guess you (and many others) and I see what was reported in the CC completely differently.

I see a company addressing a number of significant issues. What was most important to me is that they have not waffled one bit on their ability to produce oil from plastic cheaply and efficiently. In fact they reported that the process is more efficient when scaled up. Thus the need for dealing with the excess off-gas.

I see a company that has a processor running in steady-state, ready for the stack test (which may have already taken place) and waiting for the DEC to sign off on what JBII has said all along is a process not producing any toxins. It would be a huge surprise at this point to find out otherwise.

At what point did JBII know there were big problems with the process that needed to be addressed? This seems to be the biggest issue. Many investors were buying with the expectation that they were close to being production capable. Were the issues reported in a timely fashion?

Probably not.

Was the financial mess used as a cover-up for the processor issues?

Perhaps.

Nonetheless, the sensor and off-gas issues have been addressed in a very satisfactory manner. I suspect that the company knew they could address these issues and did not want to create panic where it was not necessary. It was good to have the financials, and the financial process, upgraded. It was good to have the time to have the blending facility refurbished.

We are now about one quarter later than where many of us thought we were shortly following the AGM. That is not a long time in the development of a new process.

The "dream" lives on.

[Ranb2khz]

The content of the article was, and was intended to be a complete and utter lambaste of a completely legitimate company experiencing the growing pains of a 'home run' winning JBII startup initiative!

[Estimated_Prophet]

JBI has record volume in first two hours of trading off the release of exciting test results that should make it a shoe in for the first plastic to fuel processor permitted in North America.

I was thinking that could be your new article?

[Zardiw]

So I take it this is negative?

JBI, Inc. Receives Emissions Statistics for Plastic2Oil Processor

FRIDAY , SEPTEMBER 17, 2010 02:01 PM


THOROLD, Ontario, Sept. 17, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (Pink Sheets:JBII) announces the receipt of its P2O Stack Test Report performed by Conestoga-Rovers and Associates ("CRA") on the Company's Plastic2Oil ("P2O") 20 metric ton commercial processor. The stack test, which is a measure of emissions from the processor vent, was set up by CRA on August 16th and monitored by the New York Department of Environmental Conservation ("DEC"), and completed on August 17th.


The Company will file the stack test report with the DEC as part of its application to obtain a simple air permit which will allow commercial operation of the P2O processor.


The Company is pleased with these results, as they reaffirm Islechem's previous findings that the operation of the P2O processor is a clean "green" process. CRA's results indicate that the processor is emitting 14.87% oxygen to the stack, while only emitting 3.16 ppm (parts per million) of carbon monoxide, 0.81 lb/hr (86.4 ppm) of NOx, SO2 and THC were below 1 ppm, particulates tested below 0.02 lb/hr. In other words, the process puts a high percentage of oxygen back into the air while emitting very little, if any, toxic substances during the conversion of waste plastic into usable hydrocarbon fuels.


The stack test confirmed that the P2O processor emissions are below maximum emissions allowed under a NYDEC simple air permit. Because of these results, the Company believes it will not need to construct any filters, oxidizers or scrubbers for the stack, which is directly connected to the processor through a condenser to cool the air.


After the stack test, the P2O processor was shutdown to gather residue samples from within the reactor for testing. The residue was tested and found to be well below the TCLP thresholds for disposal in landfill. The residue from a P2O processor can be shipped to landfill and is not considered a hazardous waste.

http://cobrand.knobias.com/templates/aware/story1.3.htm?eid=3.1.87115b79f546022e7939911d4ede5010cf0d57528c4358d5018c5a693c3e0c79

z

[Zardiw]

Could you write about the fuel sales, the DEC Full Permitting, the contracts with 3 NYSE companies.......I would say THOSE are 'positive developments'.....wouldn't you?......just in the interests of fairness and investor awareness.......z