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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna
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To: scion who wrote (3564)12/4/2010 3:40:56 PM
From: MorningLightMountainRead Replies (1) of 53574
 
what the 10-K/A says about the secret catalyst:

(one generic mention, and the "bulk packaging".....that's it, as far as I see....seems that most references got axed from the "unreliable" 10-K.....from 7 to 3 mentions of "catalyst")

The renewable energy sector and recycled products sectors are highly competitive. Plastic2Oil is in the process of commercializing its processor and catalyst technologies and there is risk associated with being a new entrant into the alternative energy sector. Profitability in the Plastic2Oil business will depend largely on the access to waste plastic feedstock where prices can fluctuate significantly. Plastic2Oil faces competition from other recycling solution products for access to feedstock in addition to facing competition from the traditional refined products industry.

sec.gov

compare to the original 10-K, which has all kinds of catalyst "goodies" but have been retracted:

JBI's research has revealed that this process and catalyst is not presently commercialized. By integrating this technology into a large batch processor the Company believes that it can accomplish the following:

Due to our catalyst and a highly optimized process, fuel can be extracted in four hours from a large source of raw unwashed, mixed plastics

Alan Barnett, JBI's Head Chemist, will oversee the optimization and deployment of JBI's first volume Plastic2Oil processor. Alan’s experience includes over 25 years as a chemist and the key to the P2O process involves a chemical catalyst that is used to break down the plastic most efficiently.

(about all that remains, in bold for "catalyst", after Withum left the rest on the "cutting room floor"):

The renewable energy sector and recycled products sectors are highly competitive. Plastic2Oil is in the process of commercializing its processor and catalyst technologies and there is risk associated with being a new entrant into the alternative energy sector. Profitability in the Plastic2Oil business will depend largely on the access to waste plastic feedstock where prices can fluctuate significantly. Plastic2Oil faces competition from other recycling solution products for access to feedstock in addition to facing competition from the traditional refined products industry.

(the following about bulk packaging remains)

Bulk packaging facility will mix and package the catalyst used in the Plastic2Oil process.

(gone)

Using the prototype, the Company has been successful in producing ASTM certified fuel from the Plastic2Oil process and proprietary catalyst in quantities up to 100 liters. The company was unable to test its process in larger quantities as the 20MT processor is still being assembled. The 20MT processor is being meticulously assembled and each assembly process is being photographed and logged so that the processes and procedures for the final operating unit can modeled, independently tested, and the put into production quickly where plastic discards are readily available. Management believes, based upon prototype testing to date, that each large processor will process 20 metric tons of plastic in a continuous operation. Results will vary by location and feedstock type.

(repeated)

Bulk packaging facility will mix and package the catalyst used in the Plastic2Oil process.

sec.gov

just the facts.......pick the 10-K that makes your world-view happy!!!!
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