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Plastic2Oil, Inc. PTOI
Posted On: 08/31/2015 12:05:03 PM
Post# of 43066
Posted By: justlookinaround
Financial Lesson for today:

Buy company
Loan company money using company's property as collateral, don't use banks money they'll want it back.
Make sure company makes no money
Make sure company can't pay you back
Declare Company insolvent.
All shareholders are dismissed, oops sorry company is dead.
Personally take over all assets, which are now yours of course, hey that's what secured collateral does.
Sell all assets at a few million dollar profit. Buy bigger yacht.

Hey everyone should do this.

JMO of course.














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