Replies to post #220299 on Plastic2Oil Inc (PTOI)

[NewMoney]

Nah, SEC INDICATES JBII IS NO SCAM, ISSUES TINY FINE FOR ACCOUTING ERRORS

After a massive investigation to uncover and force a disgorgement of ill gotten gains, The sec found there were no ill gotten gains and so, no disgorgement was required.

The SEC settled out of court with JBII for $150,000, a tiny fraction of the tens of millions we were constantly told to expect.

A slap on the wrist.

This is clear proof that the outlandish claims that JBII is a scam are all unfounded bullshit.

Read about that here.
http://www.marketwatch.com/story/jbi-inc-receives-court-approval-for-previously-announced-sec-settlement-2013-03-21?siteid=nbsh

WOW....JUST WOW! NO CAVEAT EMPTOR, NO SEC CASE, NO ILL GOTTEN GAINS, NO DISGORGEMENT, NO FRAUD, NO PLUNGE TO SUB PENNY, NO SHUTTING DOWN OF ANYTHING, HOW PERPLEXING.

[Rawnoc]

Thanks, but I prefer more meaningful and fact-based analysis.

Such as this:

JBII IRREFUTABLY SELLING FUEL TO US STEEL(NYSE: X)

(not too shabby)

"No. 2 oil can be used as fuel for industrial boilers or, with the addition of additives, it can be used as diesel
transport fuel. Similar to No. 6 oil, No. 2 oil is also consumer-ready directly from the P2O process. The P2O
process includes an in-line injection of additives to make diesel fuel when desired. JBI Inc. currently sells its
No. 2 oil to Coco Paving Inc. and US Steel." (page 50)
http://www.seas.columbia.edu/earth/wtert/sofos/ms_thesis/Demetra%20T_Thesis%20Final%20Rev%20for%20publication_March%2016.pdf

"Well today received an email from the area manager that 3 trucks were delivered this weekend [from JBII to US Steel]"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86103404

JBI executive Bob Molodynia looks on while a stream of thin brown liquid pours into an oil barrel.
”You could tap this right now and it’s ready to go," Molodynia says. "That’s a number six fuel, that’s what a lot of what US Steel uses, a lot of major companies, that’s what they pay the big bucks for, right there.”
http://www.voanews.com/content/plastic-could-fuel-us-move-away-from-foreign-oil/1536076.html

"The process rearranges the plastic’s hydrocarbon chains until it becomes a No. 6 fuel, a type of oil favored by U.S. steel companies. Bordynuik’s process is highly efficient, with 90 percent of plastic being recycled into oil."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73908482

"had a local ask one of the tanker truck drivers as he was headed out the gate where he was hauling the fuel off to....READY FOR THIS?.....he said he was delivering it to US STEEL....."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81304336

"One of our us steel boys followed 2 tankers of jbi fuel right in the gates at Nanticote"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83670174

[cp44]

50 million after 4 years. WOW If you think that's bad take a gander at the 95 million spent in 1 year over there at KIOR. They must be a bigger scam than JBI with cash burn like that and what 80K in gross sales. Wow just wow.

[stocker11]

What's the cost of a single processor made by the A company. Do they still need to wear Hazmats suits and gas masks?

...at a cost of $50M and counting...