Replies to post #115899 on Plastic2Oil Inc (PTOI)

[BRIG_88]

Sounds good...it's the same question you've asked over and over. Here's my answer. I'll hold my shares and we'll see what happens...good luck....

[Rawnoc]

Total complete and utter nonsense. If anybody believes it, I have $17 million in fictional cash burn to sell you.

[lovethatgreen]

but does anyone have any evidence for such a statement?

why dont u provide the evidence?

[lovethatgreen]

bottom line is

no one ever said they had existing air permits

what was mentioned was the desire to partner with companies that already have an existing SW permit which is what SSCC has at its recycling facilities or similar companies was what was sought after....

guess u must of missed that one

using the criteria from the NY DEC concerning new air permit applications makes this most likely a slam dunk in other states


and guess what?????

I'm hoping next week puts a sock in it.

[Steady_T]

JBI will be required to obtain an environmental operating permit for each new site in a new location.

It will not be a problem now that the initial stack testing and permitting has been done in NY.

The questions that had to be answered to the NYDEC's satisfaction was "What is this new beast that JBI wants to operate? We have never seen one of these before, so we need to understand what it is."

Now the stack testing has been done. DEC discovered that the emissions were less than that of an equivalent sized natural gas boiler. That was a major surprise to DEC as they had expected all sorts possible emissions.

Installation of a new boiler in any jurisdiction will require some environmental approval and so will a JBI facility. Now that the environmental footprint of the the P2O processor is known, permitting will be no more difficult than permitting a natural gas boiler.

As far as the solid waste permits go. Existing permits should cover a new JBI P2O processor. Solid waste permits generally cover the handling and storage of solid wastes. A P2O processor will just reduce the requirement to store and manipulate solid waste thereby reducing the solid waste footprint at a facility.

Neat huh?