techisbest shares CEO's comments

A note from JB regarding that permit application...

Quote: I can tell you that the existing air permit for this site did not show up on the nydec web site but instead it appeared on an EPA web site ( citing nydec air permit).

I do not believe the website is complete.


"this site" refers to the N.F. P2O facility.

EP:

Quote: If we are told JBI has to blend it themselves, and sell it to a few select gas stations or even gas stations owned by JBI, then we have much further to wait and see.

I think the plan is to use the permitted blending facility. I do not expect the fuel to be sold at gas stations. At least not immediately and not if there isn't significantly more money by selling it that way than the others John listed.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54895632

Quote: We do not have the EPA in Canada and the fuel will be sold here. We own a permitted blending site. In Canada, we must pay a % tax to the provincial and federal government depending on how the fuel is used (road, industrial, farm, etc.)

Blending sites in Canada are permitted to distribute and sell fuel they blend. We do not have to register with the EPA. If our fuel is sold back to the US (this is common) then the importer (buyer) has the same state and federal requirements as any other gas station or distribution site.

...
I do not need EPA registration to sell fuel. I do not understand the emphasis to sell fuel for cars in the US. Like everything else, due to our clean fuel and size of our company, it would not be a problem but why spend any time on that now when there is plenty of low hanging fruit ( ie: factories, rail, ships, thousands of farms all of whom consume vast amounts of diesel and other fuels), all of Canada, and any ship that sails by in the Great Lakes. Then, consider international ships, generators, and thousands of factories.

I suspect that if EPA registration of our fuel is critical to some people then maybe they somehow believe we will saturate the world market with diesel so much so that we would have nowhere left to sell it but to vehicles operated exclusively in the United States.


techisbest