Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Steady_on who wrote (25226)	5/30/2012 1:59:12 AM
From: PaperProphet	Read Replies (1) \| Respond to of 53574

Steady_on, I humor you all the time...you're the one who doesn't play ball or takes flight. So you say that the permit says that only non-recyclable plastic can be used. Looking it up, I see, "JBI will carefully review potential sources of recycle [sic] grade plastic for use as a raw material feedstock." It looks Mr. Bordynuik likely wrote that and it looks like he meant "non-recyclable." It's certainly ambiguous as to whether that's required but you're assuming that "carefully review" means "only take." That certainly isn't clear. About the part where you say the DEC inspected the plastic, can you point to where you saw that and do you know if they inspected it for non-recyclability?? Did they inspect it to make sure it was only LDPE, HDPE and PP like the permit implies JBI will only accept? What were these inspections they did? What we have on one side is how you appeared to read and interpret the permit...and on the other side we have a fact that plastic scrap commands a good price on the market where it would be extremely hard to circumvent that cost for any significant amount of plastic since people generally know when they have a material worth something. That Mr. Bordynuik found a way to get HDPE, LDPE and PP for free when others are willing to pay good money for those plastics would be very hard for me to swallow. A misinterpretation by you of the requirements for the plastic or nature of inspections??...not so hard for me to swallow. Again, I'll say my personal belief is that Mr. Bordynuik didn't process and sell much of anything but just shipped third party fuel like he stated he would in Q4. The processors still appear to be in 'testing' mode and, if I'm not mistaken, it was stated that plastic was purchased for that purpose. You have your opinion...and I have mine. Basically I just want you to feel at ease that you did get an estimate which you feel is supremely important even though you kept feeling slighted because you felt you weren't getting any estimates from anyone else.

To: Steady_on who wrote (25226)	5/30/2012 9:22:34 AM
From: Joseph B. Schmidt	Respond to of 53574

Could you point out where it says in the permit that JBI can accept only free plastic? And do you also think that when NYSDEC does a spot check inspection, they ask, "John, is the plastic you're accepting still free and is your cost to process it still only $10/bbl?" Do you really think it's the NYSDEC's job to make sure JBI is profitable or not?