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Plastic2Oil, Inc. PTOI
Posted On: 06/02/2015 3:49:39 PM
Post# of 43066
Posted By: ThePennyShill
Quote:
We are still at about 125 barrels a day and at the west, WTI the — I think it’s about $71 a barrel right now today. We clear $68 with delivery charges in and the clear is about $2.2 million per site. We are doing that business plan on a mass of land rush with our management team, which is good at high-growth models. So, our plan is to launch 2,500 sites over the next few years. This doesn’t include the best scenario, which is really installing a cluster of processors into an oil tanker. Our greatest, so our greatest barrier at this time is how to deal with a 35% tax that we will be having to deal with on the Plastic2Oil sites. We are working on that now.

John W. Bordynuik, 2009



Wouldn't it be ironic if tax fraud ends up being the one and only thing that lands John Bordynuik in prison?













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