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  4. Plastic2Oil, Inc. (PTOI) Message Board

"If you don't think that possible you may want to

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Post# of 43066
Posted On: 04/15/2014 9:15:48 AM
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Posted By: PaperProphet
Re: AlanC #6976
"If you don't think that possible you may want to reread the information recently revealed on SEC shenanigans I posted. Patrick Byrne put it best when he called them "captured" and I'm sure many are. In fact did I read that the originator of the JBII complaint is no longer with the agency?"

And again, take the SEC (and OSC) out of the equation. Look at JBI's 2009 10-K: http://www.sec.gov/Archives/edgar/data/138110...09_jbi.htm

Do you or do you not see about $10M of media credits on the report that Mr. Bordynuik filed with the SEC?? Do you or do you not see that 1M shares were traded for it. You can look up the share price at that time. The SEC didn't write the report for JBI.

Look at the 3Q 2009 report filed by Mr. Bordynuik. http://www.sec.gov/Archives/edgar/data/138110...11_jbi.htm
Note the amazing gross margins of P2O. The recycling center, which is part of "P2O", had similarly amazing gross margins...in fact so great that it handily beat out industry recycling veterans. The 9-month COGS doesn't even jive with the previous quarter's 10-Q. Those numbers were cooked to show great margins and Mr. Bordynuik wasn't even charged with fraud there.

These are independent of the SEC--Mr. Bordynuik filed them all by his lonesome.

Your belief that the SEC and OSC are out to get JBI because they are colluding with someone who has an undisclosed huge short position in JBI is completely unfounded.


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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.




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