Plastic2Oil Inc (PTOI)

[loanranger]

Cancel the mess about the Balance Sheet in the last post.

All I should have said was:
I believe that when they use the phrase "earnings statements" on that forma they are not just referring to the Consolidated Statement of Operations but rather to all the financial statements.


As far as "the "earnings" of zero have not changed" are concerned, they didn't exactly earn zero.
They lost $13.2 million last year and appear on their way to losing a lot less this year.

Even a "Yes" answer to the question "Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?" doesn't help much without "an explanation of the anticipated change, both narratively and quantitatively".
That's why we see a "NO" answer even when such changes occur. Companies would rather not provide such explanations.