JIC it went *poof* .. 
xxxxcslewis Tuesday, 10/06/15 11:23:34 AM
Re: retiredptt post# 286730
Post # 286731 of 286731 Go
Apparently you just were not paying attention.
There was no deception. I had a very long conversation with Chris Irons within hours of the time the company first mentioned HTF was being utilized. I was very pleased with the development. The use of HTF enhanced the operations of the processors and there were other positive implications in processing a new hydrocarbon feed stock source I had not been aware of previously.
From recollection, I believe in early December 2013 there was a conference call(prior to the breakdown) and John discussed on that conference call he was experimenting to determine the optimum ratio of plastic feed stock to HTF feed stock.
I was in regular contact with the company at the time and questions were always answered forthrightly, but always within disclosure constraints imposed by regulators. I was always very aware used oil was a component of the hydrocarbon feed stock.
My opinion is the capability to process used oil remains very beneficial from many perspectives, especially for PTOI.
in response to this ..
retiredptt Tuesday, 10/06/15 10:43:52 AM
Re: xxxxcslewis post# 286707
Post # 286730 of 286731 Go
So what becomes of the "used oil"?
Correct me if I'm wrong but its my understanding the used oil or heat transfer fluid has been bought, dumped into PTOI/JBII processors and has historically been counted as part of PTOI/JBII's plastic2oil production totals.
Q3 2013 was PTOI/JBII's first quarter running heat transfer fluid and after a full quarter running processors with heat transfer fluid PTOI/JBII PR'ed a record breaking Q3 2013 reporting a 42.37% increase in total gallon production with nary a mention of used oil or heat transfer fluid.
June 28, 2013 -- JBI, Inc. Receives Permit Amendments for Inclusion of Heat Transfer Fluids in Plastic2Oil(R) Process
JBI, Inc. Announces Highest Recorded Quarterly Fuel Production, Q3 Financial Results, and Fourth Quarter Operations Update
Deceiving the reader by not mentioning used oil or heat transfer fluid is yet another one of the countless examples of PTOI/JBII taking the "low road" and behaving as do-bad people hiding behind a do-good idea to what? Sell shares? I ask because I still don't know why they've behaved the way they have. Its as though they can't be upfront and honest. I can't compare their behavior to anything I've ever seen before but it seems to be a textbook example of what happens when moral bankruptcy is combined with business hubris. I can tell you first hand that the fallout has been devastating for us shareholders and my posting history proves an early on steadfast support of everything that was PTOI/JBII.
If a processor does sell God help the buyer.
xxxxcslewis Tuesday, 10/06/15 11:23:34 AM
Re: retiredptt post# 286730
Post # 286731 of 286731 Go
Apparently you just were not paying attention.
There was no deception. I had a very long conversation with Chris Irons within hours of the time the company first mentioned HTF was being utilized. I was very pleased with the development. The use of HTF enhanced the operations of the processors and there were other positive implications in processing a new hydrocarbon feed stock source I had not been aware of previously.
From recollection, I believe in early December 2013 there was a conference call(prior to the breakdown) and John discussed on that conference call he was experimenting to determine the optimum ratio of plastic feed stock to HTF feed stock.
I was in regular contact with the company at the time and questions were always answered forthrightly, but always within disclosure constraints imposed by regulators. I was always very aware used oil was a component of the hydrocarbon feed stock.
My opinion is the capability to process used oil remains very beneficial from many perspectives, especially for PTOI.
in response to this ..
retiredptt Tuesday, 10/06/15 10:43:52 AM
Re: xxxxcslewis post# 286707
Post # 286730 of 286731 Go
So what becomes of the "used oil"?
Correct me if I'm wrong but its my understanding the used oil or heat transfer fluid has been bought, dumped into PTOI/JBII processors and has historically been counted as part of PTOI/JBII's plastic2oil production totals.
Q3 2013 was PTOI/JBII's first quarter running heat transfer fluid and after a full quarter running processors with heat transfer fluid PTOI/JBII PR'ed a record breaking Q3 2013 reporting a 42.37% increase in total gallon production with nary a mention of used oil or heat transfer fluid.
June 28, 2013 -- JBI, Inc. Receives Permit Amendments for Inclusion of Heat Transfer Fluids in Plastic2Oil(R) Process
JBI, Inc. Announces Highest Recorded Quarterly Fuel Production, Q3 Financial Results, and Fourth Quarter Operations Update
Deceiving the reader by not mentioning used oil or heat transfer fluid is yet another one of the countless examples of PTOI/JBII taking the "low road" and behaving as do-bad people hiding behind a do-good idea to what? Sell shares? I ask because I still don't know why they've behaved the way they have. Its as though they can't be upfront and honest. I can't compare their behavior to anything I've ever seen before but it seems to be a textbook example of what happens when moral bankruptcy is combined with business hubris. I can tell you first hand that the fallout has been devastating for us shareholders and my posting history proves an early on steadfast support of everything that was PTOI/JBII.
If a processor does sell God help the buyer.
