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timhyma

12/18/10 10:32 PM

#83526 RE: Rawnoc #83524

Can you provide a link to the statement of 3 processors, with two more ready to be assembled? I just want to clarify. Thanks

From your post:

The Company currently owns five P2O processing machines including the original desk-top unit, a 1-ton unit which will continue to be used for research and development purposes as needed, a 20T processor located at the Company’s Niagara Falls location, as well as component parts that have been procured to assemble two additional production size processors.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57916579

The recent filing says (dated 16 Dec 2010):
http://yahoo.brand.edgar-online.com/DisplayFiling.aspx?dcn=0001213900-10-005258


The Company currently owns three P2O processing machines. The Company believes that these machines are capable of converting waste plastic to oil through a process. One machine is a 20-ton processor intended for commercial use. The other two machines are smaller prototypes intended for research and development purposes. The Company intends to assemble more of these machines, which it will own and manage itself, or license them to commercial operators in the United States, Canada and elsewhere. Through a joint venture with a third party, the Company plans to install machines intended for international use on ships that will travel overseas. The machines have undergone extensive testing to determine whether, among other things, they satisfy air quality standards enforced by the New York Department of Environmental Conservation (“DEC”). To date, test results indicate that the machines comply with these standards. The Company is operating its large processor to gather data for a DEC air permit to allow full commercial production.


http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7610862-942-235950&type=sect&dcn=0001213900-10-005258