Replies to post #71460 on Plastic2Oil Inc (PTOI)

[Bangkok Bob]

Techisbest.....you are the man dude.....I take back everything I ever said about ya....lollol...JK....

The last 2 posts concerning the EPA issue and now the plastic feedstock, I think, hammers in the final nails into the coffin of the "consortium" that has taken up the hobby of trashin this company on a 24/7 basis.

Thanks you!!!! For that just made my day....

ltg

[Rawnoc]

JBII -- FREE PLASTIC FEEDSTOCK = EASY. EXAMPLES BELOW: (updated 9/30/10)

(1) "I have talked to industrial places that PAY to get rid of their waste plastic. Actual places that PAY, not internet searches. I have talked to places that buy waste plastic and its a small percentage of whats out there. They pay higher prices because there is so few of it out there that they can use. There are industrial plastics they don't buy because they can't use them - lots of them."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54357508

(2) $10 to $100 per ton to dump waste plastic. Cities could save as much as $200 per ton giving it for free to JBII:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53494788

(3) "steady stream" from construction sites by the ton giving away free waste plastic:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53494745

(4) Here's an article, with references, whining that companies who burn plastic get PAID to do it:

"They receive a tip fee for disposing of the waste."
http://stopplasticfuel.wordpress.com/2008/10/17/100/

(5) $50 a ton example cost to dump plastic by a recycler who 40,000 to 80,000 lbs per month to the landfill. (JBII will take it off their hands for free). This is a single location:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53494417

(6) "non-HDPE and non-PET resins are usually sorted out and discarded at the recycling plant."

http://www.inhabitat.com/2009/03/19/green-rant-why-wont-nyc-recycle-plastic/

Discarded? How much do they PAY to discard? $25, $50, $100 a ton tip fee?

(7) From a New York City website...

These move past a series of laser beams that identify any item made of #1 PET or #2 HDPE and blow it off the main conveyor onto a second conveyor. At this stage, workers manually pull out #1 and #2 bottles and jugs.
What is left over at the end of the conveyor belt journey (#3-7 bottles, #1-7 tubs and trays, as well as non-numbered plastic containers) is disposed of as residue.

http://www.nyc.gov/html/nycwasteless/html/recycling/whathappens_sorting.shtml

Disposed of = paid to get rid of = avaiable for free to anybody who wants it.

(8) Posted by: Steve555 Date: Wednesday, September 08, 2010 9:05:53 AM
In reply to: jjsmith who wrote msg# 69037 Post # of 69059

Listen guys,
Get off the subject of feed stock for once and for all!

I have contracts for waste plastic,from hard plastic to dirty film, to be deliverd to my yard, I GET PAID between $80 and delivered free. The better the plastic the worse the price I get paid, if I agree to take the better material for free I can call the period of the contract which is between 3 to 5 years.
I would be more concerened with JBI's roll out timescale.

(9) "Do we must have to pay for plastic? No we don't. I have a contract for mixed plastics, free, for ten years and that is no big deal because I don't have any difficulty acquiring plastic. We are happy to receive dirty plastic (ie: mixed, composites, etc..)"

"80% of all plastic goes to landfill and that is the plastic we are acquiring -- NO ONE buys it now and it is expensive to discard. I don't want the other 0-20% of high quality, highly sorted, super clean plastic that some (few) pay for. The Chinese control that market and it is very cyclical."

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54994150

(10) REALITY ABOUT FREE HYDROCARBON PLASTIC:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54991141

[jjsmith]

WOW..call the DEC and ask them if JBI used contaminated plastic in the stack test. Also, ask them if JBI's permit is going to allow them to use any chemical/material known to man or is it limited to plastic and other non toxic chemicals.

Also, I am still waiting for the press release or 8K where JBI puts it on the official SEC record that they have a contract for 10 years of free plastic. This would be a bombshell, why don't they 8K it or issue a PR if this is a true statement? Makes you wonder what is really going on.

At this time we can process dirty plastics without any difficulty. We do not need sorted clean plastic. The lab results show little difference between running PP, PE, HDPE, LDPE, or pvc for that matter (PVC is preprocessed before entering the reactor) sorted/combined/cleaned or for that matter a composite, when run in our processor and I have that data to back it up. It's the classic what you put in you get out. If I process 1 lbs of plastic and half of it contains rocks then I am really processing 1/2 lbs of plastic (converted to fuel, propane and possible some residue from colour additives) and the 1/2 lbs of rocks stays in the reactor. If we process a unique plastic that is made up of 25% metal then the metal stays in the reactor.

Do we must have to pay for plastic? No we don't. I have a contract for mixed plastics, free, for ten years and that is no big deal because I don't have any difficulty acquiring plastic. We are happy to receive dirty plastic (ie: mixed, composites, etc..) . What you have to remember is we get out what we put in.. so if a unique plastic contains 5% heavy metals then the heavy metals stay in the reactor and we get 95% of the remainder converted to fuel, propane, and then up to 2% additional residue.