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Rawnoc

08/21/12 12:28 PM

#195061 RE: P2OBleavR #195058

A HISTORY OF FALSE CLAIMS 24/7 VS. RESULTS:

Next up....June 2012 onward:
The SEC is going to shut them down.
They'll never have serious fuel sales.
They'll never get cashflow positive.

RESULTS:
See the pattern below and guess.

False Claims -- July 2009 to April 2010
P2O will never scale up.
P2O will never work outside of a lab.
P2O is a scam and their state-certified validation lab will never reveal their name.

RESULTS:
February 2010 -- Islechem's name is revealed, the private R&D lab of NYSE: OXY (both formerly owned and currently hired as)
http://plastic2oil.com/site/news-releases-master/2010/02/12/jbi-inc----islechem-contributions-to-p2o
April 2010 -- Islechem issues a letter validating that the process scales up and works outside of a lab.
http://plastic2oil.com/site/news-releases-master/2010/04/13/jbi-inc-announces-that-islechem-validated-their-plastic-to-oil-process

False Claims -- April 2010 to December 2010
P2O will always be pollutive.
P2O will never get permission to operate.

RESULTS:
August 2010 -- Stack test supervised by the NYSDEC reveals no pollution.
http://plastic2oil.com/site/news-releases-master/2010/09/17/jbi-inc-receives-emissions-statistics-for-plastic2oil-processor
December 2010 -- P2O got a temporary consent order from the NYSDEC to operate for 6 months.
http://plastic2oil.com/site/news-releases-master/2010/12/15/jbi-inc-plastic2oil-process-commences-commercial-operation

False Claims -- December 2010 to June 2011
P2O will always require sorted "snow white" washed recycle-grade $650/ton plastic.
P2O fuel is worthless, and they'll never make a fuel sale.
P2O will never get full blown permits in the 2nd most difficult state.

RESULTS:
February 2011 -- Plastic was proven to be mixed, dirty, multi-colored landfill-bound and free
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77939234
May 2011 -- first fuel sale to NYSE: OXY
http://plastic2oil.com/site/news-releases-master/2011/05/09/jbi-inc-to-supply-oxy-vinyl-canada-with-alternative-fuel
June 2011 -- full blown air and solid waste permits to operate
http://plastic2oil.com/site/news-releases-master/2011/06/17/nysdec-issues-permits-to-jbi-for-plastic-to-diesel-conversion

False claim -- April 2011 to August 2011
P2O will never get a joint-venture agreement.

RESULT:
August 2011 -- 10 year exclusive agreement with the multi-billion dollar NYSE: RKT
http://plastic2oil.com/site/news-releases-master/2011/08/08/jbi-inc-announces-a-ten-year-agreement-for-commercially-viable-conversion-of-waste-plastic-to-fuel

False Claims -- August 2011 to December 2011
P2O only works and is nonpollutive with virgin expensive plastic otherwise it's "garbage in, garbage out"
P2O sold some samples of fuel, but they'll never score an actual fuel supply agreement.

RESULTS:
December 2011 -- a final stack test supervised by the NYSDEC using "unwashed, unsorted waste plastics, including various industrial plastics and gas tanks from scrap cars, were used as feedstock for the testing" reveals a no-pollution green process making in-spec clean fuel. The result of this test lead to an air permit exemption at the first NYSE: RKT site.
http://plastic2oil.com/site/news-releases-master/2011/12/07/jbi-inc-successfully-completes-its-final-p2o-stack-emissions-test
http://plastic2oil.com/site/news-releases-master/2011/12/15/jbi-inc-receives-air-permit-exemption
December 2011 -- fuel supply agreements scored with wholesale fuel supplier Indigo Energy Partners and XTR Energy, one of the largest and fastest growing independent retail gas chains in Canada.
http://plastic2oil.com/site/news-releases-master/2011/12/21/jbi-inc-signs-long-term-fuel-supply-agreement-with-indigo-energy-partners-llc
http://plastic2oil.com/site/news-releases-master/2011/12/23/jbi-inc-signs-multi-year-transport-fuel-take-off-agreement-with-xtr-energy

False Claims -- December 2011 to May 2012
P2O will never get more than one processor online.
P2O will never attract serious investors.

RESULTS:
February 2012 -- processor #2 comes online.
http://plastic2oil.com/site/news-releases-master/2012/02/27/jbi-inc-announces-completion-of-its-second-plastic2oil-processor
May 2012 -- a laundry list of whales including a billionaire and former Blackstone guys
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78185018

June 2012 onward
The SEC is going to shut them down.
They'll never have serious fuel sales.
They'll never get cashflow positive.

RESULTS:
WATCH AND LEARN *WINK*