Keep in mind that this flies directly in the face
Post# of 43066
Posted On: 03/19/2014 10:54:00 AM
Re: techisbest #6518
Keep in mind that this flies directly in the face of JBI's tagline of, "JBI's patent pending Plastic2Oil process transforms unsorted, unwashed waste plastic into ultra-clean, ultra-low sulphur fuel without the need for refinement."
This is from Madison County:
This is from Madison County:
In 2013, Madison County signed a supply agreement with JBI Inc. of Niagara Falls, NY. However during the past few months JBI has changed their business plan. They closed their preprocessing plant in Canada and said that unless Madison County can provide them with cleaner preprocessed material they can't process it. "Our contract with JBI Inc. should be terminated," said Zecca.
Director Zecca reported that "Currently, Madison County is stockpiling the Ag and rigid plastic although, we are sending some material to Auburn, NY for processing. Further, there is no market for film. The state has placed a pan on this material and there is no place for it to go: once again, a ban without a plan!"
Zecca explained that when Madison County was first introduced to JBI, they wanted to own and operate any and all facilities associated with their plastic to oil technology. "Now they have completely changed their business plan. They want to sell their units and are willing to train the person (s) who purchases them. One unit is currently selling for $8 to $9 million. JBI wants to sell two units at a time.
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(0)Plastic2Oil, Inc. (PTOI) Stock Research Links
Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.