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

To: old 'n cranky who wrote (15262)	12/14/2011 8:40:56 AM
From: flptrnkng	Read Replies (2) \| Respond to of 53574

If the processing and sale of recycled cardboard can be called Plastic2Oil revenue Shirley, petroleum distillate bought on the market and resold to Coco can as well, right? He does describe it as 'Petroleum Distillate', right, not 'Re-polymerized Plastic Distillate'? On a related topic, I submit the Blending license just received means Robbins will be buying large quantities of petroleum based fuels, blending them, and reselling them to local retailers. All of this revenue will be deemed Plastic2Oil revenue, and reported as such. Margins will suck, but JB has no problem misstating COGS, as we've seen already.

To: old 'n cranky who wrote (15262)	12/14/2011 11:55:07 AM
From: PaperProphet	Read Replies (2) \| Respond to of 53574

Re:<""On June 10, 2011, JBI, Inc. entered into a Supply and Service Agreement with Coco Asphalt Engineering, a division of Coco Paving whereby the Company has agreed to supply Coco on a weekly per demand basis with petroleum distillate at a cost of $109.80 per barrel. The Company continues to ship tankers of petroleum distillate to Coco Paving in third quarter at $109.80 per barrel. Coco Paving has stated it is pleased with our Plastic2Oil fuel."> I completely agree. But notice that even there Mr. Bordynuik never direcly says plastic-derived fuel was ever sold to Coco. Plastic2Oil is a division and saying Coco is pleased associates "Plastic2Oil," and therefore the process, to the sale. That paragraph is needlessly long and very suggestive but not definitive. As you said, though, if you 'connect the dots', with that and other information in the filings, you can come to the conclusion that the sale to Coco must be fuel derived from plastic...but one would have to first assume the filings are flawless in their technical accuracy even if obfuscated. I still say John Rivera of the SSTP fraud was the king of wordplay but Mr. Bordynuik is a contender.