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Plastic2Oil, Inc. PTOI
Posted On: 06/18/2014 4:24:57 PM
Post# of 43066
Posted By: It takes a brain
Re: PaperProphet #9592
Quote:
I wouldn't bank on a jump happening, but with the new upcoming lipstick and some press releases giving investors the impression that management has faith in P2O, Mr. Bordynuik might generate enough interest to sell additional shares into.



It's such an obvious thing for them to do. Taking salary in shares, or Bordynuik putting a bit of money back into the company in return for cheap shares, is a way to pump the stock without any risk involved. At least it doesn't involve the legal risks they've taken in the past of lying to shareholders or announcing phony JVs. I had actually expected something like this to be done some time ago, when JBII was still trading 10X higher than it is today and had much more interest.

That Bordynuik and Heddle won't do something like this is about the strongest evidence there is that Bordynuik just wants to walk away as quietly and quickly as possible, something I think you've previously suggested as being one possibility.















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