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Plastic2Oil, Inc. PTOI
Posted On: 04/03/2014 4:44:15 PM
Post# of 43066
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Posted By: PaperProphet
Re: PaperProphet #6687
My mistake...you only need to be making $200k/yr (or have >$1M net worth), not $250k/yr, to be considered an accredited investor.

Again, if you're smitten by JBI, and you make over $200k/yr or have over $1M liquid net worth, you can send your money directly to JBI and get unrestricted (as far as I know) shares for $0.10 each plus you'll get a warrant to buy at $0.15.  That's effectively the same as buying shares at $0.05 or $0.06 per share.

You're lining Mr. Bordynuik's pockets either way so you may as well contribute to him directly rather than playing the game.  For doing so, you'll get shares for about thirty cents on the dollar of the current trading price.  In my opinion, it's smarter to stay away altogether but if you're determined to stick it out, that's an option. E-mail the company.  $680k out of the $1M allowed every 12 months is still available right now.

You could also e-mail JBI and ask what's standing in the way of processor #3 going into full, profitable production and that would be worth a whole lot more but I understand most investors won't send such an e-mail.













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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.



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