Replies to post #251660 on Plastic2Oil Inc (PTOI)

[uksausage]

Linking some threads together...

perhaps the SG&A includes patent licence payments (on a per company not per processor) basis!

in which case we would be OK.

Would be very interesting to know how it breaks down - or how the current head count breaks down :
how many staff:
physically operate a processor (receive material, sort it load it, monitor and handle the fuel output - fuel truck loading)
Sit in the laboratory analysing fuel being processed
Are "sales people" that actually are buyers buying/sourcing plastic.
Are sales people selling end fuel to highest bidder.

Are monitoring delivery of plastic against promised schedules.
Are Managers of above roles?
Are building out the RKT Jacksonville location?
Are real sales people trying to sell processors (hopefully zero).
Are site maintenance/security/cleaning crew
Are Managers of managers?

[the big guy]

another excellent post. I have posted twice a link where you can looka t typical Income statements for various business types. I figured that JBI was closest to a efinery, and if y ou look at it, SG&A for a refinery is no more than 2 to 10%. Sure, JBI is not in full production, but that argument only goes so far. I would believe 50%, but not 800%... from memory, 350k in Revenues... 2.7 Million in SG&A?