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JBII - JBI Inc. - Plastic to Oil
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[QUOTE]Originally posted by oldseven: [QB] [QUOTE]Originally posted by zardiw: [qb] P2O Franchises Available: We are in the process of selecting some owner/operators for P2O sites. I would like to give preference to existing shareholders who own manufacturing companies/factory facilities. Please advise if you know of anyone interested in setting up a P2O site. The agreement is quite clear – the operator would pay $400,000 for initial set up. 310 is responsible for supplying equipment, permits, and training. We are locking up supply agreements. The operator would enjoy 35% of the net revenue or approximately $1.742M per site/yr based on our current information. 310 would maintain ownership of equipment at all times and will ship the catalyst via a sealed plastic container. Please advise if you know of anyone who would be interested in running P2O. John Bordynuik Inc. 4536 Portage Road Niagara Falls, Ontario Canada L2E 6A8 Voice: 905-354-7222 Fax: 905-354-1062 john*310holdings.com z [/qb][/QUOTE]35% = $1.742 million, so each "site" produces $4.977 million in revenue if my math is correct. How much can you sell a barrel of oil for? Well if its $70, that means more than 8 barrels an HOUR - every hour - 365 days a year! These machines produce that much oil - holy crap!! How many tons of plastic are required to do that? I would think there would be trucks hauling plastic non-stop all day long. Does that much plastic exist? Are the operators responsible for selling the oil to someone? Or will 310 Holdings purchase the oil? [/QB][/QUOTE]
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