Posted On: 09/13/2016 4:07:45 PM
Post# of 43065
someone might want to remind the original sub tier trolls still working ihub ..
that mgmt actually dropped a hint re: the initial $100,000 via this filing in August
( 8.16.16 )
http://www.otcmarkets.com/edgar/GetFilingHtml...D=11549698
4kids
Quote:
Well, the news explains the buying action over the last couple of weeks
that mgmt actually dropped a hint re: the initial $100,000 via this filing in August
( 8.16.16 )
Quote:
Item 1.01 Entry into a Material Definitive Agreement.
On August 8, 2016, Plastic2Oil, Inc., a Nevada corporation (the “Company”), entered into a Subscription Agreement (the “Purchase Agreement”) with Lawrence Leahy (the “Purchaser”), , pursuant to which, on August 10, 2016, the Company sold to the Purchaser in a private placement (the “Note Financing”) a $100 thousand principal amount 12% Secured Promissory Note due August 10, 2021 (the “Note”), together with a five-year warrant to purchase up to 100 hundred thousand shares of the Company’s common stock at an exercise price of $0.12 per share (the “Warrant”). The gross proceeds to the Company were $100 thousand
http://www.otcmarkets.com/edgar/GetFilingHtml...D=11549698
4kids
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