Replies to post #192233 on Plastic2Oil Inc (PTOI)

[Rosterman]

Clear and concise. Thank you.

[cantgetmyname]

"They will buy feed stock if and only if it lowers their costs. "

They claim to be able to make diesel fuel for $10 barrel.

How much lower do thier costs need to be?!?!?!?

Any other company would be cheering and making as much as they possibly could with at least a 90% GM.

[Artiztic1]

Negative, you couln't be more wrong and the slide in share price agrees.

I suggest you review the slides filed with the SEC.

http://www.sec.gov/Archives/edgar/data/1381105/000121390012003969/f8k072312ex99i_jbi.htm


If what you say was true they wouldn't have used words like:


CRITICAL FOR SUCCESS
RIGHT MATERIAL
VOLUME
CONTRACTING FOR VOLUME COMMITMENTS
THE RIGHT MATERIAL

Based on the company's statements that they can produce for a cost that's less than $10 per barrel, it's easy to understand that lowering the cost of shredding plastic is not "CRITICAL FOR SUCCESS" however getting the "RIGHT MATERIAL AND VOLUME" is.

Absolutely dead wrong on a massive scale.

There are costs associated with preparing the free plastic for processing. That's what they're talking about.

They will buy feed stock if and only if it lowers their costs.

Hope that helps.