Replies to post #89171 on Plastic2Oil Inc (PTOI)

[BigGreen101]

I agree with you.

Several here indicate that P2O is going 24/7. The problem with this is that you have very little product due to DEC restricting the about of plastic/hour. Thus, high overhead with little production (production = revenues).

IMO P2O will be profitable when they scale up with more processors/site, thus maintaining the overall overhead cost but maximizing revenues.

[Rawnoc]

The entire enthanol industry has proven it cannot make ethanol profitable without government help. Yet we have publicly traded ethanol companies trading with multi-billion dollar market caps.

If JBII can merely prove it can break-even (aka self-sustaining), it's a massive home run.

If they can prove they can do it profitability, it's mind-boggling how huge this thing is being the only viable alernative energy oil and gas company ever.

But the company has not proved that it can do it profitably.

[Justice37]

Re: I asked JB about the throughput of the P2O process. He told me that he could not share that material piece of information with me.

In regards to throughput, in the CC JB indicated that the maximum amount of plastic that can be put in the processor per hour is 1 ton, material information that he could report as it was a DEC limitation, he then reported that it was a limitation put on them by the New York DEC, not by JBI. I took that as meaning the processor could take more. I would have to believe it is the case that the processor can take more because for JB to say that purposefully knowing that the machine can't take that much but hoping others would take such a statement as meaning more, would be dishonest, and to be fair, I expect that you have had no issues with his integrity when he answered your questions during your tour of the factory.

The make-it or break-it point that I was referring to is related to the business making it. If commercial production was delayed by another six months or longer, then there would have been some question as to if they could continue to operate. Now that they have begun commercial operations, I have faith that they can stay in business and prosper. I agree that we still have to see how profitable the business can be. As you have seen and demonstrated yourself, the process works, the product is good, a good product can be sold.

As always, I respect and appreciate your opinion's and any information that you post and how you back up your opinions, it's always given you credibility on this board.

[Bangkok Bob]

Those odds are way off IMO..

I would place the odds of success at this point in time at 65/35 in favor of success.

I put it more like currently 90/10....and if WM comes on board,

100/0.... obviously zero chance of failure.