"We will no longer run p3 so as to conserve our ca
Post# of 43066
Posted On: 05/10/2014 2:44:23 PM
"We will no longer run p3 so as to conserve our cash position until a sale is made unless to test the buyer's feedstock."
Officially JBI can still produce fuel for under $10/bbl which can be sold for WTI-$3. Neither Mr. Bordynuik nor the company have ever backed off those claims, even though by now it's obvious those claims are fictitious.
In fact four years ago with the $80,000 processor with just the catalyst added, Mr. Bordynuik was very vocal about those claims and even handed out samples which were shown to run in a lawnmower. Production was supposedly 109 barrels of fuel per day for under $10 per barrel (less than $0.25/gallon) which could fully run a gasoline engine. As you can imagine, Mr. Bordynuik was saying a lot of things which just weren't true and it's pretty likely that the fuel samples were highly misrepresented.
Officially JBI can still produce fuel for under $10/bbl which can be sold for WTI-$3. Neither Mr. Bordynuik nor the company have ever backed off those claims, even though by now it's obvious those claims are fictitious.
In fact four years ago with the $80,000 processor with just the catalyst added, Mr. Bordynuik was very vocal about those claims and even handed out samples which were shown to run in a lawnmower. Production was supposedly 109 barrels of fuel per day for under $10 per barrel (less than $0.25/gallon) which could fully run a gasoline engine. As you can imagine, Mr. Bordynuik was saying a lot of things which just weren't true and it's pretty likely that the fuel samples were highly misrepresented.
(0)
(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.