"Yeah and I guess SAIC, NY DEC, Islechem, and Crayola are all in on the "scam""
SAIC: Did an analysis based on assumptions fed to them. The report indicated the 'white paper' was available from JBI. JBI says it isn't available and further, five months later said the assumptions were outdated or incorrect and shouldn't be relied upon. JBI shouldn't even have needed validation after three years...they had a real live running processor which could generate cash as validation, supposedly. SAIC 'validated' the technology two years ago and those processors mysteriously aren't cranking out cash.
NY DEC is charged with environmental, not whether JBI's pyrolysis is economically viable. The only thing you can say is that the NY DEC is in no way shackling JBI from making progress.
Islechem didn't describe the type of plastic which went in nor the output other than to say it was, "Diesel-like." Again, we're about five years out from that validation and those money-spewing processors sit idle and nobody knows what's preventing them from spitting out money.
Crayola is spending $15+ and burning on average a gallon of fuel for transportation to ship 8lbs of marker waste by FedEx under JBI's promise that the 8lbs can be converted to a gallon of fuel. Crayola wants to be perceived as green but they could care less if they're actually green.
Give Mr. Bordynuik enough time and he will get even more people and companies to 'validate' the technology. In fact he's done everything to validate it except actually showing it's economically viable.
I don't think anyone would disagree that having those processors coughing up cash would be the absolute best validation...yet there those processors sit, operational but mysteriously not operating.
SAIC: Did an analysis based on assumptions fed to them. The report indicated the 'white paper' was available from JBI. JBI says it isn't available and further, five months later said the assumptions were outdated or incorrect and shouldn't be relied upon. JBI shouldn't even have needed validation after three years...they had a real live running processor which could generate cash as validation, supposedly. SAIC 'validated' the technology two years ago and those processors mysteriously aren't cranking out cash.
NY DEC is charged with environmental, not whether JBI's pyrolysis is economically viable. The only thing you can say is that the NY DEC is in no way shackling JBI from making progress.
Islechem didn't describe the type of plastic which went in nor the output other than to say it was, "Diesel-like." Again, we're about five years out from that validation and those money-spewing processors sit idle and nobody knows what's preventing them from spitting out money.
Crayola is spending $15+ and burning on average a gallon of fuel for transportation to ship 8lbs of marker waste by FedEx under JBI's promise that the 8lbs can be converted to a gallon of fuel. Crayola wants to be perceived as green but they could care less if they're actually green.
Give Mr. Bordynuik enough time and he will get even more people and companies to 'validate' the technology. In fact he's done everything to validate it except actually showing it's economically viable.
I don't think anyone would disagree that having those processors coughing up cash would be the absolute best validation...yet there those processors sit, operational but mysteriously not operating.
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.
