Replies to post #93088 on Plastic2Oil Inc (PTOI)

[Bangkok Bob]

Dontcha just love it when the powers to be just leave y'all to swim in speculation

[Zardiw]

JBII: Saturday Night Fever DD Summary:

Current Status: Waiting for first fuel sales/partnership deals.

2 IHub Shareholders (Brigg and Rawnoc) are currently visiting the facility and reporting their observations and thoughts.
Their reports verify that there is an unending supply of waste plastic available, that the machine is running non stop, and the
quality of the output is everything the company has said it was. In short, both of them are impressed to the nth degree.

http://www.jbiglobal.blogspot.com/

JBII just hired Ernst and Young (Top 4 accounting firm) as their auditor/accountants!

1. Commercial Production has been approved by the NY DEC. (Only time in history a company has been given commercial production
approval while other permits are pending).

2. The process has been proven to work by at least 3 independent firms.

3. Two NY Senators have endorsed P2O.

4. Each processor will generate 100+ Barrels of fuel daily.

5. 2 more processors are being built.

6. JBII owns an operational Fuel Blending Facility with a storage capacity of 250,000 gallons.

7. Company just signed a 20 year lease on A waste management recycling facility with 1,000 Ton/Day capacity.

8. Colin Robbins recently appointed as Sr. Vice President:
Mr. Robbins brings more than 30 years of knowledge and expertise in operations, marketing, and manufacturing of renewable fuels to this key post.
He specializes in the blending of ethanol, bio-diesel, butane, and petroleum. He has been engaged in the petroleum and bio-fuels industry
in a leadership capacity since 1989 with experience extending across North America--but he is most passionate about
producing a profitable, environmentally responsible energy product.

9. Waste Management Inc. is currently doing an audit on the process.


Feast your eyes on this 3 minute clip:

JBII: It's Raining Diesel:

Just listen to the excitement in their voices!

JBII Fuel Output from 20 Ton Production Processor:

Free Plastic Stockpiled and ready for Processing:



Firing up the lawnmower with JBII gasoline! From Techisbest:

My unrehearsed video:

This lawnmower has not been run this season. The smoke you see when I first fire it up is from it sitting idle. Note that the longer it runs the cleaner it runs.

The jar used is the one on the left in this pic:

Fuel Ouput:




Validation:




z

[buenokite]

I definitely agree with the starting simple approach. And I think in the CC they alluded to doing something like that with bunker fuel which would require minimal blending.

As I posted before they even received it, getting the go-ahead was a significant event. So I honestly did believe they would do some sort of media event/ribbon cutting with the mayor and other local politicians etc. by now, but maybe that is in the works as well.

Thanks for the thoughtful response and good luck.

[wEaReLeGiOn]

Good post- It covers most of the essential aspects as to why this stock is floundering.

"Regardless of how good JBI's fuel is, you have to think there probably is a stigma about it."

soccer moms

"We probably won't even know what JBI gets for their fuel though. It will have to be extrapolated in the Q's, and that will be very difficult in 2nd Q with one machine, starting mid quarter."

4 quarters

"If sales aren't being made VERY soon, then I personally think that JBI probably isn't receiving very good offer prices for their fuel."

Gasoline additive?