From AGM SUMMARY: Fortunately, we have relatio
Post# of 43064
Posted On: 06/17/2014 12:32:52 AM
From AGM
SUMMARY:
Fortunately, we have relationships with large engineering firms that have had the advantage of reviewing other competitive systems and have in turn validated ours. We learned a lot from these firms and were reassured at various stages in our evolution that simply “you don’t know what you don’t know.”
What I mean by this is when you have a new technology that hasn’t been done before, you don’t know always what issues are left until you’ve removed any in your way. This is a new technology that has been put through a very fast evolution from a 1 gallon desktop reactor to a massive, high volume, waste plastic to fuel production plant.
With our current permit of 4,000 lbs/hr, my goal is to achieve 3,000 lbs/hr or 36T/day on average on System 3. We have overcome growing pains in all areas of the business and become a stronger, more adaptable company because of it. We believe this experience will be very beneficial to our future partners. We worked through these challenges and we will continue to work towards our goals.
Like you, I am a major shareholder in this company and have a significant vested interest in making this company a success.
SUMMARY:
Fortunately, we have relationships with large engineering firms that have had the advantage of reviewing other competitive systems and have in turn validated ours. We learned a lot from these firms and were reassured at various stages in our evolution that simply “you don’t know what you don’t know.”
What I mean by this is when you have a new technology that hasn’t been done before, you don’t know always what issues are left until you’ve removed any in your way. This is a new technology that has been put through a very fast evolution from a 1 gallon desktop reactor to a massive, high volume, waste plastic to fuel production plant.
With our current permit of 4,000 lbs/hr, my goal is to achieve 3,000 lbs/hr or 36T/day on average on System 3. We have overcome growing pains in all areas of the business and become a stronger, more adaptable company because of it. We believe this experience will be very beneficial to our future partners. We worked through these challenges and we will continue to work towards our goals.
Like you, I am a major shareholder in this company and have a significant vested interest in making this company a success.
(0)
(0)Plastic2Oil, Inc. (PTOI) Stock Research Links
Scroll down for more posts ▼