Replies to post #213683 on Plastic2Oil Inc (PTOI)

[Steady_T]

More bogus numbers....$180,000 from where, for what?

16 trucks because I figure JBI will want to haul off the fuel produced so I included the tankers taking out the high value product.

By the permit language, JBI can only use plastic that is bound for a land fill. That means plastic for which there is no market. So it would not be possible to sell that free plastic on the open market for $180,000 or $1.59.

[azs]

JBI lowers waste disposal costs for generators and services providers.

JBI gives waste generators and service providers a lower cost disposal option for certain waste stream and thus JBI pays nothing for plastic.

Waste streams need to be collected at the point of generation, removed from the collection points, and finally disposed of (recycle, reuse, bury). Each step cost money.

In my experience most waste generators collect their own waste streams and then pay waste providers a large sum of money to transport and dispose all or some of their waste stream. Some generators may haul their own waste stream themselves to disposal sites (that still costs time, wear/tear, money). A few generators will transport and dispose of their own waste themselves. (That still costs time/money.)

If a generator can cut these cost then they are more competetive profitable.

JBI cuts the disposal cost for generators by providing them with a no cost disposal option on certain types of waste.

The generator of the waste minimizes the physical volume of the waste and seperates the waste in order to conserve space at their facility and receive a discount on waste disposal services.

If the cost to transport the waste to JBI is lowere than the cost to pay the traditional waste disposalwaste generator can dispose of the waste by paying to transport it to JBI and giving the waste to JBI at no cost at lowere price than transporting