PTOI's Q Filed https://www.sec.gov/cgi-bin/bro

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As of November 21, 2016 , there were 124,756,158 shares of the Registrant’s common stock, $0.001 par value, outstanding.

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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.

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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.

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Item 8.01 Other Events. On October 18, 2016, the Company received additional gross proceeds of $400,000 from the sale of secured promissory notes in the previously disclosed private placement.

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On August 10, 2016 and August 24, 2016, the Company entered into a Subscription Agreement with two investors, pursuant to which, the Company sold to each investor in a private placement a $100,000 principal amount 12% Secured Promissory Note due on August 10, 2021 and August 24, 2016 respectively, together with a five-year warrant to purchase up to 400,000 shares of the Company’s common stock at an exercise price of $0.12 per share.

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On October 18, 2016 the Company entered into a Subscription Agreement with a investors, pursuant to which, the Company sold in a private placement a $400,000 principal amount 12% Secured Promissory Note due on October 18, 2021, together with a five-year warrant to purchase up to 400,000 shares of the Company’s common stock at an exercise price of $0.12 per share.

On October 25, 2016, Plastic2Oil, Inc. (the “Company”) granted to Rahoul S. Banerjea, the Company’s Chief Financial Officer and Secretary, two awards of incentive stock options to purchase a total of 5,250,000 shares of the Company’s common stock pursuant to the Company’s 2012 Long-Term Incentive Plan. The awards consisted of (i) an award of 2,250,000 option shares, at an exercise price of $0.17 per share, which are fully vested on the date of the grant and (ii) an award of 3,000,000 option shares, at an exercise price of $0.5 per share (representing the closing sales price for shares of the Company’s common stock on the OTCQB Capital Market on the date of grant), which shall vest in equally annual installments over a period of three years beginning on March 18, 2017, subject to acceleration of certain vesting upon the occurrence of a Change in Control or termination of employment for Good Reason or without Cause (as such terms are defined in the relevant Incentive Stock Option Agreement).

On November 10, 2016, a purchase and sale agreement in the amount of Canadian $510,000 was executed by Plastic2Oil (Canada), Inc. for the property housing its Canadian headquarters at Thorold, Ontario, Canada. The property has an outstanding mortgage in the amount of Canadian $280,000. The closing is scheduled for January 2017, upon the buyer completing their due diligence.

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