Replies to post #212054 on Plastic2Oil Inc (PTOI)

[snow]

Dr Golsmith


"In a perfect world based on everything falling exactly into place, I can see that it is possible to break even in a year and possibly turn a profit of $8mill!

So, it will only take 6 years to break even on the $48mill spent so far."

You seem to assume that there will be only three processors running after 6 years!!!! That is extremely unlikely. If the processors are a success there will of course be a lot more. If they are not there will presumably be none working in six years. Has not this occurred to you?

[P2OBleavR]

Unless you " have been led to believe" by the company, your post appears to represent your interpretation of another's tests and calculations. There are a lot of variables missing.

[Rawnoc]

What absolute nonsense:

When you crack plastic you are breaking the molecular chains, which means that you are missing a hydrogen atom.

"The ethylene molecule is C2H4" <~~~2H for every 1 C
http://www.plasticmoulding.ca/polymers/polyethylene.htm

"The average chemical formula for common diesel fuel is C12H23, ranging approximately from C10H20 to C15H28." <~~~2H for every 1 C
http://en.wikipedia.org/wiki/Diesel_fuel#Chemical_composition

And using your numbers, as off as they may be, forecasting $8 million in net income per year for the first 3 processors alone....

That's pretty huge. Around .08 EPS just to start, PE of 11-12 for a hyper growth, hyper-profitable fundamental story?

Ummmm.....all heaven would break loose.

[BigGreen101]

By your interpretation (below), then there are free radicals in the synthetic fuel allowing oxidation to occur? I do not think so. Silly that you are comparing BIOFUELS, which have this problem, to plastic to oil/fuels.


"The biggest issue that still needs addressed is the problem with oxidation of synthetic fuel. Just because its in spec doesn’t mean that it’s saturated. When you crack plastic you are breaking the molecular chains, which means that you are missing a hydrogen atom. This makes it prone to oxidation and renders it bad within days of being made."


Biodiesel Stabilizer Description:
This oxidative stabilizer from Springboard Biodiesel is a fuel additive designed specifically for Biodiesel to help prevent Biodiesel from oxidizing. When used properly, it will increase Biodiesel's resistance to oxidation which can greatly extend the shelf life of the fuel. It's also been specially formulated with additional additives to help eradicate microbial growth as well.

When used in conjuction with Biodiesel made from waste vegetable oil, it can greatly increase the chances of the fuel passing the ASTM test for oxidative stability in the Biodiesel ASTM Standard (ASTM D4625).

Also Works With Vegetable Oil!
Because the oxidation process in Biodiesel is the exact same as vegetable oil (breaking down of the fatty acid chains), the Springboard Oxidative Stabilizer will help preserve new and used vegetable oil as well!

In tests performed by Springboard Biodiesel, it was found that fuel treated with the oxidative stabilizer performed significantly better in Rancimat testing, which is how Biodiesel is tested in the ASTM Standard for oxidative stability.