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  4. Plastic2Oil, Inc. (PTOI) Message Board

It's worse than that--you can see the accounting f

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Post# of 43066
Posted On: 03/27/2015 5:53:56 PM
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Posted By: PaperProphet
Re: SelfDocumented BS #18712
It's worse than that--you can see the accounting fraud. Just because Mr. Bordynuik settled doesn't make it a "he said she said" situation. He traded stock for the media credits which ultimately had no value and he booked them at ten times the value of even the stock traded. Mr. Bordynuik then conspired with Gately to sign off on the fake valuation. He spent shareholders' money to pay for the auditor's felony DUI and possession of marijuana defense which would have been highly unusual if Mr. Bordynuik was just looking for a regular auditor to sign off on honest books. Who chomps at the bit to hire a felon to audit the books if they truly wanted an honest audit?! This isn't a question of Mr. Bordynuik settling with the SEC and OSC and therefore there's a question as to his guilt--everyone can see the accounting fraud.

And for those who poo poo the whole incident because Mr. Bordynuik left the company, keep in mind that's the swindler who represented that he found the world's best catalyst and developed the world's most advanced processor. PTOI's current and future value depends entirely on whether a swindler was honest about revolutionizing pyrolysis into a disruptive technology.


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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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