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  4. Plastic2Oil, Inc. (PTOI) Message Board

yep we know the name of the first infuser and when

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Post# of 43066
Posted On: 09/22/2016 9:25:38 AM
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Posted By: 4kids
Re: gandalf48 #33369
yep we know the name of the first infuser and when

Quote:
On August 8, 2016 , Plastic2Oil, Inc., a Nevada corporation (the “Company”), entered into a Subscription Agreement (the “Purchase Agreement”) with Lawrence Leahy (the “Purchaser”), , pursuant to which, on August 10, 2016, the Company sold to the Purchaser in a private placement (the “Note Financing”) a $100 thousand principal amount 12% Secured Promissory Note due August 10, 2021 (the “Note”), together with a five-year warrant to purchase up to 100 hundred thousand shares of the Company’s common stock at an exercise price of $0.12 per share (the “Warrant”). The gross proceeds to the Company were $100 thousand



https://www.sec.gov/Archives/edgar/data/13811...orm8-k.htm

notice the 2nd date .. given in this week's 8K .. i too believe it is another person/entity .. what i'm watching for is if additional monies are en route
as the noted (in this week's 8K) deadline gets closer ..

Quote:
On August 24, 2016 , an additional $100,000 was received from investors from the sale of secured promissory notes in the previously disclosed private placement.



https://www.sec.gov/Archives/edgar/data/13811...orm8-k.htm

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