Replies to post #91648 on Plastic2Oil Inc (PTOI)

[BRIG_88]

Not in the least....JBII is a year and a half old....in that time they went from an idea....waited 2 months of that time for customs to release their machine...took a week to ship across Canada....assembled the machine and started testing/changing/improving it. The company started out to extract oil from plastic and changed the catalyst and the machine to produce diesel fuel gasoline nat gas propane butane.....capturing all these for sale.....they have gone through a long and arduous process with DEC in New York which is one of the hardest states in the nation to get permission to run from...on top of that an endless list of things to be done to get a company off the ground.....all this plus a ton i haven't listed in 18 months? You kidding me?.....not to mention the company made some mistakes along the way they had to recover from? I'm perfectly happy with the progress the company has made and i'm not in the LEAST worried about what happens from here.....

[Zardiw]

JBII just recently received the go ahead for Commercial Production from the NY DEC.....what do you think will happen when first fuel sales or a JV deal are announced?.......z

[Justice37]

P2O is 19 months old. What's the hurry. Many on this board posted that permission for commercial operations would never be granted, it happened. Go farther back and there were those who claimed the catalyst didn't exist and they would never be able to confirm that the process works. Now we're down to will the process be profitable.

JBI have only had about 5-6 weeks of real operating time because of the holiday season. Waste Management Inc. (and any other companies JBI was meeting with) started their audits before commercial operations began but had to wait until operations began to complete them because of their own company protocols. They would need time to complete the audit of the recycling facility and then fuel production to ensure what is happening to the plastic and if they want a JV or partnership, they would have to ensure the process works. Then negotiations are completed and then the legal beagles step in to finish it up. They don't shake hands and make an announcement, it isn't how a company that size operates.

Don't get me wrong, I would love news today, but this process takes time, I can wait for the big news.

[PRE]

"THAT POINT" has been reached over and over again already
in the short life of JBII. One of those "That Points" .... was
getting the air permit in, as is written, New York State ....
which, as it has been written, is the most difficult state in
the secure said permit. "That Point" was very significant and
reached within 18 months of start-up.
"THAT POINT" was also reached with the recent start-up of
The Machine! Plastic is now being transformed into Diesel
Fuel, Gasoline, butane, propane, natural gas. Ya gotta love
this story man .... it has been the snow board ride of the Century
so far .... they don't even have to purchase fuel to run the
Machine .... they just capture the gases, condense them and
use them for operations. I'm even told there is extra to possibly
sell.
Go to the beginnings of JBII and you'll likely find a dozen
"THAT POINTS" .... that were established as Goals and reached.
The next significant "That Point" ... will be the first big
fuel sale. Why has that not happened yet you ask? Well ...
The Fuel that has is being made as we speak ... must be blended
perfectly .... you wouldn't want it sold at less then perfect
would you? They could have sent it directly to the refinery ....
but chose, (And I'm glad they did), to hire Mr. Collins, an expert
Master Fuel Blender, so the final price they get will be one that
generates SIGNIFICANTLY HIGHER MARGINS.
THATS THE POINT WE WILL REACH SOON.