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  4. Plastic2Oil, Inc. (PTOI) Message Board

My big questions are what obstacles still stand in

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Post# of 43066
Posted On: 07/17/2014 1:40:17 PM
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Posted By: techisbest
Re: PaperProphet #10960
Quote:
My big questions are what obstacles still stand in the way of that profitable full production



From the 10K for the period ending 12/31/2013:

Quote:
Feedstock Procurement

Historically, we operated under the premise that we would be able to obtain significant quantities of waste plastic at little or no cost to us, as we offered
companies a more cost-effective disposal method for this waste stream. During the year, as we processed increasing amounts of waste plastic, we made the
determination that in order to obtain the most optimal feedstock on a consistent basis, we would be required to purchase this feedstock. We continue to
receive free plastic from time to time, however, we have concluded that these sources are not able to provide us with the amount of feedstock required to
consistently feed the processors at the optimum feedrates.



They can't get a cheap, reliable source of feedstock. That's the basic answer.

So they are focusing on selling processors. Presumably to a customer(s) who have a cheap, reliable source of feedstock.

Are there any such customers? (customers... customers... customers...)


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