Replies to post #68619 on Plastic2Oil Inc (PTOI)

[flptrnkng]

So, how many sites does old Al have in place by now?

1? 2? 14? all 45?

[MGG]

Yes, Al Sousa. I had a nice business meeting with him after the AGM. He looks like a very serious businessman, as the other members of the Florida team.

[WakingBake]

JBII is a monster!

[laurap]

from the same press release

The launch of P2O in early 2010 will be an exciting and important harbinger for job creation, environmental clean-up, and oil production. Plastic waste is a huge global problem, contributing heavily to landfill expansion and ocean pollution. The Company has a goal of initially establishing 2500 P2O sites with municipalities/interested parties and launching P2O ships for various countries' plastic waste retrieval and energy production.


i guess you can not believe everything you read in a press release.

beyond that, al wants urs's read on this jbii.pk p2o process before he does anything.

therefore, nothing is getting done.

ohio?

palm springs?

my guess is more of the same.

none.

[Rawnoc]

AL SOUSA, JBII's FIRST MAJOR P2O CUSTOMER -- CONTRACT FOR 45 P2O SITES OR 90 P2O PROCESSORS

Al Sousa is an ex-VP of a New York Stock Exchange company (Horizon/CMS, NYSE: HHC) that got bought out for $1.8 billion. This is massive credibility for JBII.

From the December 22 PR:

"Also, JBI has signed a Letter of Intent for the establishment of an Area Development Agreement (ADA) for 45 P2O sites in the State of Florida with a newly formed entity controlled by Al Sousa of Largo, Florida.....In his position with a large publicly held company, he planned and implemented a start-up venture with multiple business units and annualized revenues nearly $150 million. His division had seven business segments in sixteen states with approximately 2,800 employees."
http://www.jbiglobal.com/news/2009-press-releases/20091222-jbi-executes-loi-for-45-p2o-sites-in-florida.aspx

Found on the Web:

"Al's most significant results were achieved as Vice President of the Medical Service Division of Horizon/CMS Corporation....The Medical Service Division was a startup in July of 1993, achieving annualized revenue of $100 million by November 1997, with operations in seven business segments in sixteen states, and approximately 5,000 employees.This operation was also responsible for the development and oversight of Horizons specialty care units representing an additional $28 million in annualized revenue."
http://www.zoominfo.com/people/Sousa_Al_313097481.aspx
http://www.repertoiremag.com/Article.asp?Id=1469
http://www.rtmagazine.com/issues/articles/2003-02_10.asp

Proof that Horizon/CMS was bought out for $1.8 billion:

"HealthSouth made its largest acquisition yet when it purchased Horizon/CMS for $1.8 billion in 1997."
http://en.wikipedia.org/wiki/HealthSouth