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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?


To: scion who wrote (1859)8/13/2010 12:44:41 PM
From: scionRead Replies (1) | Respond to of 53574
 
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 Company’s P2O operations are subject to the risk factors previously disclosed in our annual report on Form 10-K/A for the year ended December 31, 2009, filed with the SEC on July 9, 2010.

JBI, INC - 10-Q Quarterly report Filing Date 2010-08-13
sec.gov



To: scion who wrote (1859)2/17/2011 1:14:19 PM
From: scionRead Replies (1) | Respond to of 53574
 
During February, 2010, the Company formed two Nevada corporations as wholly owned subsidiaries: Plastic2Oil Land, Inc., Plastic2Oil Marine, Inc. to operate Plastic2Oil (“P2O”) operations on land and sea, respectively. The Company hopes to begin commercial operations of converting waste plastic to oil in the third quarter of 2010.

In addition, the Company entered into its first Area Development Agreement with AS PTO, LLC to promote licensing and P2O operations in Florida using a combination of Joint Ventures (JV’s) and Company owned sites.

In February the first license was issued to Plastic 2 Oil of Clearwater 1, LLC (a Delaware LLC) and was arranged with members Plastic2Oil Land, Inc., AS PTO, LLC and ES Resources, LLC.

We are presently negotiating an agreement with Pak-It former management team to roll out P2O in Florida. These ongoing discussions could potentially result in further agreements covering additional geographical areas.

AS PTO, LLC, Plastic 2 Oil of Clearwater 1, LLC and ES Resources, LLC are not affiliates of the Company.

PAGE 4

FORM 10-K/A Filing Date 2010-12-16
(Amendment No. 2)
sec.gov
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