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  4. Plastic2Oil, Inc. (PTOI) Message Board

Well, you found a link for someone selling HDPE pr

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Post# of 43066
Posted On: 10/05/2014 11:07:06 PM
Posted By: Faustus
Re: PaperProphet #14401
Quote:
Well, you found a link for someone selling HDPE pre-consumer at $0.28/lb.



Actually, you did - it was right on the front page of the link you provided.

Quote:
I don't know if you noticed but, but the two ads above the one you found also want to *buy* HDPE at $0.36/lb and $0.37/lb respectively. Are you starting to suspect the ad you found might be out of the ordinary?? If you think there is nothing out of the ordinary, why would you not just buy the $0.28/lb from the ad you found and sell it to the two people above it for a quick $0.09/lb profit before the two people above notice??



I barely looked at the site you linked - and I think a better idea is for you to contact those two buyers, alert them of the discrepancy, and demand a 10% finders fee for the advertised difference - that seems fair, since you found it.

Quote:
Also when you use the retail price for diesel in your calculations to show a profit, keep in mind the diesel price you see at the pump includes retail markup and taxes,



If you had read the examples carefully you would have seen that the retail price was used because the sellers/buyers of the HDPE likely were not licensed wholesalers of fuel, who would be the only ones who could buy fuel at that price, but rather consumers of fuel for their operations, and therefore pay retail prices for the fuel they use (those costs would be displaced in their entirety if they simply used the fuel they produced, resulting in significant savings). If there is a commercial / industrial price for fuel that end users pay that is less than retail, then let's use those numbers.

Quote:
You're assuming PTOI can turn plastic into 75% diesel and can sell that wholesale.....but at retail prices without a retail location and somehow get the taxes included at the pump price as well.



I assume no such thing. The example stated clearly that the fuel produced would displace the fuel they use in their own operations. I said nothing about re-selling the fuel at the retail price.

There were also examples given for sellers of HDPE who would stand to profit by selling the output for spot pricing of diesel instead of selling the HDPE for the price they were asking....any comments on those?


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