I'm actually satisfied with the job the SEC did in investigating and charging Mr. Bordynuik and PTOI with fraud. Compared to other cases I've seen the SEC didn't spend too much of taxpayer's money. The SEC picked the easiest piece of fraud at PTOI to prove and took that to court. That was enough to send a warning to all investors that investors were dealing with a swindler. I don't think it would have been worth it to spend the money to investigate and sue PTOI over every misrepresentation made at PTOI.
With the SEC's public investigation of PTOI investors have a powerful tool to use in making decisions. However when an investor is informed that they're dealing with a corrupt company but that investor decides to keep investing in that company anyway, I don't think anyone can blame the SEC.
In SSTP's, a similar 'magic catalyst pyrolysis company's', case, the SEC's investigation and prosecution was successful but extremely expensive and took a few years. The swindler in that case ended up dying before the case was settled. I don't think that was the optimal way to approach it.
With the SEC's public investigation of PTOI investors have a powerful tool to use in making decisions. However when an investor is informed that they're dealing with a corrupt company but that investor decides to keep investing in that company anyway, I don't think anyone can blame the SEC.
In SSTP's, a similar 'magic catalyst pyrolysis company's', case, the SEC's investigation and prosecution was successful but extremely expensive and took a few years. The swindler in that case ended up dying before the case was settled. I don't think that was the optimal way to approach it.
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.
