Replies to post #78047 on Plastic2Oil Inc (PTOI)

[ergo sum]

Nothing ever happened.

[the big guy]

My impression of that deal is that it is really a situation where Heddle is there to outfit a ship when a P2O Marine customer materializes. That is to say, either JBI or someone else ponies up the necessary capital to actually purchase a ship. All Heddle does is provide the service to outfit the ship with the P2O equipment.

I think there is confusion that Heddle signed on to build a fleet of P2O ships or something. Not the case. This takes capital.

So the deal is in place, and will be utilized if and when a p2O ship materializes... nothing has changed since it was announced.

[Rawnoc]

Can you fill me in? What ever happen to this JV?

JBI, Inc. Executes JV LOI With Rick Heddle.....

"I briefly met Rick Heddle at the factory."

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