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Plastic2Oil, Inc. PTOI
Posted On: 07/23/2014 10:44:51 AM
Post# of 43066
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Posted By: 4kids
Re: grantg2 #11112
Quote:
Life for the remaining JBII Longs would be so much simpler IF JBI could just get that first sale inked!



a conversation i have with a few

presuming price tag quoted 2x now ($9M) is correct

that isn't coming from petty cash ..

suspect budget time from when buyers' potential feed stock was successfully tested ..

would run 12 to 15 mos

we know when RH first mentions *sales* (Aug 2013)

we know when feed stock could have been tested by 3 (July - Dec 2013)

we know when *imo* domestic partner was noted via update (7.1.14)

just my 2c .. but my expectation is we see first asset sale either in Sept (3rd Q) or very early into the 4th Q (Oct)

suspect first few asset sales are domestic
be interesting to see what the Brewer group brings to the table and when

4kids















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