Two indications from the company's last AGM that m
Post# of 43064
Posted On: 05/22/2014 11:43:42 PM
Two indications from the company's last AGM that may have been overlooked by "non-believers":
The former quote indicates the company likely has data from the extended runs of P3 to give credence to their negotiations for processor sales.
The latter quote indicates the company has or is working with more than one large engineering firm who knows the competition and knows P2O technology. I suspect we may see such an engineering firm with a role to play between JBI and companies hoping to acquire processors.
Multi-million dollar contracts often take over a year to execute. Therefore, I continue to be patient and believe that "the demise of JBI, Inc. has been greatly exaggerated."
Quote:
"We are a technology company, not an operator. There are plenty of companies with decades of experience in wastes, fuels, and operating
equipment and plants. That is why many companies who design and develop processes don’t build and internally operate them. I am very
confident in system 3 and a seasoned 3 rd party would be able to operate our system well."
"Fortunately, we have relationships with large engineering firms that have had the advantage of reviewing other competitive systems and have
in turn validated ours."
The former quote indicates the company likely has data from the extended runs of P3 to give credence to their negotiations for processor sales.
The latter quote indicates the company has or is working with more than one large engineering firm who knows the competition and knows P2O technology. I suspect we may see such an engineering firm with a role to play between JBI and companies hoping to acquire processors.
Multi-million dollar contracts often take over a year to execute. Therefore, I continue to be patient and believe that "the demise of JBI, Inc. has been greatly exaggerated."
(0)
(0)Plastic2Oil, Inc. (PTOI) Stock Research Links
Scroll down for more posts ▼