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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

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To: scion who wrote (2153)9/8/2010 6:08:48 PM
From: SteveFRead Replies (1) of 53574
 
"As we began testing", recounts Bordynuik, "everyone's dream became a nightmare. What do we do if we produce too much natural gas? We were producing 4500 ft of excess natural gas per hour. So we built a gas compression system that puts the gas back into the furnace to feed the processor." In other words, Bordynuik found a technical fix so that the P2O processor now uses the natural gas to power itself.

That's pure brilliance right there. Only a genius could have implemented such a unique solution...

...except that's exactly the opposite of what JBII reported to shareholders and the SEC in the restated 10K/A. Was Honest John lying in the 10K/A or to the reporter?

A minor by-product of the process is an off-gas much like natural gas. The process consumes much less off-gas to operate than is generated when operating at maximum capacity. Further testing at high processing rates proved that all the off-gas could not be burned (temporarily for a stack test) in the process furnace. Flaring the excess off-gas is common in the oil and gas industry but is not environmentally friendly, would waste the fuel value, and would require a separate permit. To avoid flaring the excess gas, the Company purchased a gas compression system to buffer and regulate the off-gas to 1) resell or 2) to cold start the process. The gas compression system and mobile storage tanks were installed on the Company’s 20T Plastic2Oil processor in June, 2010. The gas compression was successfully interfaced to the Company's 20T processor. The 20T processor is presently being operated in steady-state conditions to gather data for an air permit.

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