"i'd expect financing and BoD seated b4 first sale"
Don't make it harder for yourself...focus on that profitable first sale which is likely highly contingent on how well the process adds value to scrap plastic. You're only confusing yourself by throwing in financing and BoD, neither of which are prerequisites for a sale.
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Plastic2Oil, Inc. (PTOI) Stock Research Links
Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.