Outstanding paragraphs those are. I especially like this bit: "The second processor has been converting plastic at 2000 lbs/hr and producing fuel since it was initially debugged."
Time for many to sit up and pay attention. For $800k, JBI Inc can make a machine that produces over 155 barrels of oil per day (on average, includes 25% maintenance downtime) using waste plastic and a mostly automated and non-polluting process.
"We anticipate that our modular Plastic2Oil processor capital outlay will be in the range of approximately $800,000".
What I donsider bad news is that it has taken as long as two months to assemble the modular units. What I consider unexpected bad news is that 25 % the time is expected to be downtime. In the calculation of revenues I have seen there has been no or very little allowance for down time.
So 800k per year for upkeep on the processors, or 800k to build the thing. What are the revenue projections looking like then? Been looking to jump in here for awhile now think its probably time.
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