Followers | 434 |
Posts | 57599 |
Boards Moderated | 5 |
Alias Born | 01/09/2007 |
Friday, October 21, 2016 7:36:49 AM
On January 15, 2016, the Company entered into a Surrender of Lease agreement which terminated its lease .. The premises was the site of the Company’s Regional Recycling Center, which was part of a business line that was discontinued by the Company in 2013
As previously reported, the Company Plastic2Oil, Inc. (the “Company”) entered into four related agreements with EcoNavigation, LLC (“EcoNavigation”) in connection with the supply of plastic-to-oil, or P2O, processors by the Company to EcoNavigation. As of January 27, 2016, such agreements expired and were not renewed by the parties, however, the parties continue to pursue joint opportunities for the sale of processors to third parties.
On February 11, 2016, Plastic2Oil, Inc., a Nevada corporation (the “Company”), issued a promissory note in favor of Richard Heddle, the Company’s President, Chief Executive Officer and Chairman of the Company’s board of directors, to memorialize various advances, not to exceed $200,000 in total, which are expected to be made by Mr. Heddle to the Company from February 11, 2016 until March 31, 2016.
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we have 52 week low *reset* in early March from prior *reset* of early January
52-Week Low
01/14/2016 0.02
to
52-Week Low
03/01/2016 0.019
we have the first of two P2O Shareholder Updates' in 2016 .. issued in March (March 8, 2016)
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we have the K (due in March) filed (albeit NT in advance) in April
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we have RH's acquisition @ EO June .. *fabrication* .. hmmm
The property was sold for $1.35 million on June 29, according to the property’s listing with the Ontario Land Registry Office.
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we have the first $100,000 infused in August by LL (August 8, 2016)
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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we have CEs' oft traded 18500 (12500 + 1000 + 5000) .. ;) .. utilized to *reset* March's 52 week low (3rd *reset* for 2016).. just one day after LL's *$100,000 infusion* on August 9, 2016 .. hmmm
52-Week Low
08/09/2016 0.018
P2O files a FORM D on August 24, 2016
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we have P2O's second Shareholder Update issued in September (September 13, 2016)
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we have P2O's last 8K filed on September 19, 2016 noting:
The “Definitive Agreement” is to be executed on or before November 25, 2016, with a subsequent date of closing (the “Closing Date”), to be mutually agreed to by Plastic2Oil, Inc. and the Southern US Company.
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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and @ the EO Sept I asked a chartist for their input on PTOI (stock)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125437916
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just me .. but it certainly looks as tho' CEs' dilemma @ 10c .. is actually @ 5c.. of course that most likely
*cant* be proven until mr. methodical and conservative 8K's the DA and/or implements other material events in parallel
no wonder why decoys' utilized since late JULY have *boogied* .. i'm reminded that *reporting* for September's MM Monthly
out recently .. which noted NN's *significant* %s .. and that just one actual P2O investor picked off 40.55% out of NN's *efforts* .. ;)
oh my ..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125655086
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125647285
August MM MONTHLY
July MM MONTHLY
be interesting to see what material event actually relocates NN via their *elastic* 10000 ask .. ;)
4kids
10/5/07 -- there are no coincidences here ...
oh and like many other longs .. not selling at this level --
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