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Plastic2Oil, Inc. PTOI
Posted On: 10/29/2012 7:13:07 AM
Post# of 43066
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Posted By: techisbest
A lot of discussion regarding the criticality of obtaining feedstock for the processors. Many are downplaying the issue. One even said if they can't get it for N.F. at least they will have RKT.

Bogolin said at the AGM that obtaining plastic to process is difficult. This from the Chief Operating Officer.

And peoplehere are questioning my need to know as a shareholder the business plan for obtaining plastic to process.

It is starting to become clear that it will be much more than the free plastic that has been touted for so long. There is a lot of waste plastic out there, but as with the Pacific Garbage Patch most of it is not easily, or cheaply, recovered.

Fortunately, the operational efficiency of the processor has been improved. Assuming of course, that all the technical issues have been resolved.

P2O works, but how profitably?













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