We are a technology development and licensing company. We have developed technology that converts waste plastic into ultra-clean, ultra-low sulphur fuel products through our proprietary plastic-to-oil, or P2O, process. Previously, our business model was the sale of fuel produced from our own P2O processors and subsequently we sought to manufacture P2O processors for sale to commercial customers. These prior experiences allowed the Company to hone and solidify its technology, however, the capital requirements were significant. For this and other reasons, management shifted its business strategy to technology development and licensing model. We no longer produce and market fuel for sale and no longer manufacture processors ourselves, instead we rely on third party manufacturers. Under our current business model, we seek to license our technology to companies that generate significant waste plastics and desire to have a P2O processor on site to convert the plastics to useable fuel for their operations. We charge our customers for the P2O processor and related equipment, a royalty fee based on the amount of fuel generated, a licensing fee for the use of our proprietary catalyst, and a set up and service fee.
Company profile
Ticker
PTOI
Exchange
Website
CEO
Richard W. Heddle
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
310 Holdings, Inc., Jbi, Inc.
SEC CIK
Corporate docs
IRS number
204924000
PTOI stock data
Latest filings (excl ownership)
15-12G/A
Securities registration termination (amended)
16 Oct 20
15-12G
Securities registration termination
13 Oct 20
8-K
Other Events
15 May 20
8-K
Other Events
14 May 20
8-K
Other Events
30 Mar 20
NT 10-K
Notice of late annual filing
30 Mar 20
10-Q
2019 Q3
Quarterly report
16 Dec 19
NT 10-Q
Notice of late quarterly filing
14 Nov 19
8-K
Entry into a Material Definitive Agreement
8 Oct 19
UPLOAD
Letter from SEC
26 Sep 19
Latest ownership filings
Institutional ownership, Q1 2022
13F holders | Current |
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Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
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Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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