Replies to post #110740 on Plastic2Oil Inc (PTOI)

[ksilva]

I kinda like that at idea.

But who's gonna actually pick up the plastic? JBI?

I feel uneasy about that. Kinda just want the company to focus on what they do best.

Or, maybe JBI can just start their own municipal waste subsidiary and start filling their own trucks with their own gas! outlandish? - they would put WM in the ground with those P2O advantages! lol.

[Rawnoc]

14 people at the Niagara Falls plant including welders, etc.

Let's just be obscene for fun and say the $20/hour dudes work 60 hours a week, get time and a half for the extra 20 hours.

That comes out to $72,800 per year in salary and $1,019,200 per year grand total for all 14 workers working 60 hours a week and getting over time.

That's $254,800 per quarter using insanely conservative numbers (since it should only require less than 6 employees, not 14)....

For a process capable of making over $1 million worth of fuel per quarter.