Some excerpts from the 10K on this topic:
Our Plastic2Oil solution...has become the focal point of our transition to become a producer of alternative fuels.
Capital raised will be used to facilitate the development of the P2O business generally and more specifically to expedite the construction and operation of P2O processors.
The processors have a modular design and are built with standardized components, making construction of P2O processors relatively straightforward and low cost.
Given our strategic focus on developing our P2O business, we anticipate that our research and development activities in the short to medium-term will mostly relate to our P2O processors and the construction, operation and systems management of those processors.
We believe that we understand how the engineering and process characteristics of our 20 MT P2O processor at our Niagara Falls Facility will scale up in the engineering of larger P2O processors. Given the testing and other work performed by consultants that we have engaged, we have no reason to believe that scaling up our P2O processor to larger sizes would be unsuccessful.
...the Company believes that it will be successful in obtaining the necessary financing to fund its operations, meet regulatory requirements and achieve commercial production goals...
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