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Plastic2Oil, Inc. PTOI
(Total Views: 298)
Posted On: 12/17/2019 8:48:41 AM
Post# of 43066
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Posted By: 4kids
in reading about CEO's salary being accrued (which all with interest should
have known since it was first noted in 2013) for years now .. reminds me of
the *awareness* or lack of .. who is consulting for P2O .. which was also clear
for box of rocks when the 10K was filed in April 2018

Quote:

On March 2, 2018 the Data Business was sold to 2335524Ontario Inc. for $10,500. This was a cashless transaction as the sale proceeds will be used to offset Plastic2Oil outstanding payables to 2335524Ontario Inc.
2335524 Ontario Inc. is a business owned by Mr. John Bordynuik, former employee, significant stockholder and founder of Plastic2Oil Inc.




page F-29 (Note 17 .. Subsequent Events)

https://www.sec.gov/Archives/edgar/data/13811...rm10-k.htm

====

take note above the this sentence ..

This was a cashless transaction as the sale proceeds will be used to offset Plastic2Oil outstanding payables to 2335524Ontario Inc.


i get that some may not grasp what that means .. anyone who thinks this
company's founder is ever far way is delusional

what was issued in December 2018? .. after that K was filed ..

oh that is right .. the Canadian Patent was issued

who would be instrumental in getting 3 (Flagship) back on line to process
*first* buyer/s feedstock .. 1 guess only

now if one were to ask about part fabrication ... imo that would come from HM
but actual parts that can't be fabricated .. that would be the purview of *one*

it is always interesting to see what NR and embeds *focus on*

just a reminder the 8K was filed on 10.8.19 (for a date of 10.2.19) ..
this overdue Q filed was for the Q that *ended* on 9.30.19

curious to see if RH updates this month .. or just files *8Ks* in 2020

4kids

























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