Plastic2Oil Inc (PTOI)

[buenokite]

The fundamental problem here is the dramatic departure of John Bordynuik's actions from those grandiose words you quoted. John Bordynuik is the MASTER of saying one thing and doing another.

To that point, he told the markets he was processing free unwashed, commingled plastic and the costs were less than $10 per barrel. That was a lie. We know that from later company filings. He told the market he was producing thousands of gallons of fuel a day already. That was a lie. We know that from later company filings. He told the market he had an offer from Somerset refinery for WTI-3$ per barrel. That was a lie and Somerset was already closed. He illegally funneled free trading shares to 15 individuals from his own children's trust fund and in the process had his mother who was trustee break the security laws with him. We know that from the OSC.

The company has NEVER been able to run the machines anywhere even close to company claims. Every single P20 announced deal from Al Souza to RKT to Ohio to P20 ship to EcoNav has been a complete and utter failure producing zero revenue to-date.

The facts above strongly indicate that this company was founded on a proven set of lies and illegal behavior with the express intention of defrauding investors and enriching John Bordynuik and his handpicked beneficiaries. Those are the facts.