Plastic2Oil Inc (PTOI)

[BigBake1]

If it were simply a name change then why would JBII need to approve their appointment as the auditing firm? Why appoint if it were just a name change? Because the new firm would have different operational policies that may not align with what the customer wants.

On June 3, 2013, the Company’s Board of Directors (the “Board”) approved the appointment of MNP as MSCM’s successor to continue as the Company’s independent registered public accountant for the fiscal year ending December 31, 2013.

Point is they could have hired another firm at that point, but instead appointed the new firm to continue on. Either way it is still 3 different Firms and begs the question as to why the need to switch to the current one that smells even worse than delinquent JBII.