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Plastic2Oil, Inc. PTOI
Posted On: 06/07/2014 9:07:00 AM
Post# of 43066
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Posted By: 4kids
Re: Capitalgain #8915
welcome ..

civil discourse is always encouraged

agreed re: 10K .. my word was fugly
but then we all knew from the last Q
that the co. was operating on a shoestring
based on prior burn rate .. which is why it
was so interesting to see the last 2 rounds
re: funds raised (which i publicly commented
on were to pay for the cost of the K's audit)

as i noted last fall .. with the co.s intent to sell prox
>> potential buyer's feed stock would need to be tested
which based on the K .. has been ..

all it takes is one buyer .. imo mgmt has more than one buyer re: P2O

what is telling to me is mgmt chose not to go *dark* instead
hired a CFO and spent the funds on the K (385k combined)
and yep the CFO took one third of his salary in stock

based on my awareness of some of those who did the last pipe
i have no doubts that mgmt could have raised the 200k needed
to repair/replace

they chose not to .. just one of the reasons why i believe there are
buyers waiting in the wings re: P2O

my expectation is that material event comes after housekeeping items

which leads me to your query re: side letter

the side letter .. and it's remarkable reading with hind sight and
er >> circumstantial evidence >> re : May and Friedman
and i'm sure a few others whose *aroma* is unmistakable

you'll find it in total here

http://jbii.ir.edgar-online.com/fetchFilingFr...;Type=HTML

it was interesting to see Full Disclosure on offer re: the side letter
noted via the Pre 14c filed last month

http://jbii.ir.edgar-online.com/fetchFilingFr...;Type=HTML

imo it won't come as a surprise if the *aroma* raises a stink ..

some of them did their damdest to take CON troll of this disruptive tech
sadly this is also SOP

what they most likely didn't count on .. with the almost immediate compression of the stock after *threshold* was triggered for the 2nd
time on JBII one month after the *side letter* was >> filed

was that documentation would exist re: their *efforts*

i noted some revealing aspects in 2012 and 2013
which again (if it comes to it re: a court room) would show
*true* intent *imo* where some of these *entities* are concerned

reminder >> multiple levels/playas in place re: JBII

this technology isn't going away .. and it's very clear to me that
the cycle of money doesn't just apply to crews working OTC stox
via the vehicle of choice re: OTC stock manipulation

but there is no denying exhaustion is a very real component
and i'm not just noting re: retail .. i can only imagine the fatigue
in place @ JBI

4kids

















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