Plastic2Oil Inc (PTOI)

[Artiztic1]

It's a real link, however it's to a Bullshit Mythical patent that was rejected for not being novel...LMAO!!

Only in JBI land could a patent application rejected for not being Novel be trumpeted as a patent.


Thanks to LR:

The link that you provided ( patentscope.wipo.int/search/en/WO2012064691 ) is to an International Patent Application.......(WO2012064691) SYSTEM AND METHOD FOR READING A MAGNETIC TAPE.

On 6/29/12 the International Search Report was sent to the company indicating that the "claimed invention cannot be considered novel", etc..


patentscope.wipo.int/search/en/detailPdf.jsf;jsessionid=38CAAAE8092955AC6EC0F709263B5C3A.wapp2?ia=US2011059702&docIdPdf=id00000019635272&name=(WO2012064691)SYSTEM%20AND%20METHOD%20FOR%20READING%20A%20MAGNETIC%20TAPE&woNum=WO2012064691&prevRecNum=1&nextRecNum=2&recNum=1&queryString=&office=&sortOption=&prevFilter=&maxRec=

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87563366




Neither JB or JBI ever held a patent relating to data recovery, but that didn't stop them from saying that they did, in fact they filed that bullshit with the SEC:

"We also hold a patent relating to our Data Business for the recovery of tape information."

http://www.sec.gov/Archives/edgar/data/1381105/000121390012001206/f10k2011_jbi.htm


However, during his testimony (see below) JB finally admits to not having a Data Patent.


A. We were going through a sole source

process with NASA, which took a lot of time.

122 Q. Yes. Is it a patented technology?

A. Yes. We filed for patent protection.

It is not patented yet, but we filed for patent protection.