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Plastic2Oil, Inc. PTOI
Posted On: 06/04/2014 8:16:18 PM
Post# of 43066
Avatar
Posted By: 4kids
Re: StockSpock #8768
btw .. besides the articulation re: condensers ..

suspect the logic of the following didn't escape a few of the crew

(i just keep coming back to *options* on offer to mgmt
going dark and bypassing a 285k fee for 2013 which looks
to have been *whittled* down a mere 169,996 bux from 2012's fee
and of course the hire of the CFO on 3.18.14 for 150k in cash/shares)

reminder that 100k and 285k = 385k


Quote:
We had to shut down its production in the fourth quarter of2013. Management estimates bringing the facility back into full production will require the expenditure of between $175,000 and $200,000. The plant is presently testing and evaluating the feedstock from potential purchasers of processors. At June 3, 2014, we lacked the working capital or access to bank credit to restore full production. The 2013 shut downs was driven by the following items.



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