is Getting ready to RUMBLE
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
My guess is the CEO knows a little about what is going on. Heck he already had $3 million invested and decided to invest another $1 million of his money a few short months ago. He believes they will make sales. He put his money where his mouth is.
Yep- I wonder what is next. Seems like several attorneys have been paid recently. I wonder where they got the money? You know frivolous lawsuits attorneys and patent attorneys cost money.
Thanks for the info-
PTOI- Stock TA- all indicators bullish
http://www.stockta.com/cgi-bin/analysis.pl?symb=PTOI&cobrand=&mode=stock
PTOI- trading details
Trading Details for: Fri, Jan 2, 2015On symbol: PTOI
Total $ Volume Traded: 9850 # of Trades: 9 Days High: $ 0.095 Days Low: $0.0875
TRF Volume Total: 103339 Trading Status: R CUSIP #: 72759R10
Exempt Short Volume: 0
Adj. Short Volume: 22800
PTOI Chart- looking very nice!
http://stockcharts.com/h-sc/ui?s=PTOI&p=D&b=5&g=0&id=p63190798610
I don't consider 3k and over 4k paint.
Exactly- message board rumors on PTOI are BS. 8k's are what is important. All else is agenda driven.
The rumor I heard is 10 processors were sold and the Stock pps is going to $7.
PTOI Chart- looking very nice!
http://stockcharts.com/h-sc/ui?s=PTOI&p=D&b=5&g=0&id=p07305639144
I guess this was missed-
SOURCE: JBI, Inc.
JBI, Inc.
July 01, 2014 08:55 ET
Plastic2Oil Announces Business Update
Winter Damage Repaired and Condensers Replaced; NYSDEC Permits; Quarterly Report for the Second Quarter; Processor Sales update
NIAGARA FALLS, NY--(Marketwired - Jul 1, 2014) - JBI, Inc. (the "Company" or "JBI") (PINKSHEETS: JBII) today announced an update on its Plastic2Oil® ("P2O®") business operations, addressing completion of winter damage repairs, a successful NYSDEC yearly inspection, permit updates, and the delayed Quarterly Report for the Second Quarter.
This past winter was the coldest weather seen in Niagara Falls in years. This caused damage to the water-cooling systems. The water-cooling systems were being heated during the coldest days, however the heating systems were unable to keep up with the high winds and sub-zero temperatures. The damaged water-cooling components have been repaired.
We also had a major condenser failure which necessitated replacement of all of the condensers. The failing condensers allowed for the ingression of water into our fuel storage tanks but the fuel storage tanks did not sustain damage. The condensers have now been replaced with a model known to perform well in the systems over the past three years and the fuel storage tanks have been cleaned.
The solid-waste department of the NYSDEC and Albany staff were in attendance at the Plastic2Oil® site for an unscheduled inspection in June 2014. The resulting inspection report confirms the Company is fully compliant.
In December 2013, the Company submitted its permit renewals with the NYSDEC before the renewal deadline. The Company is able to continue to operate under the permits until the renewal permits are issued.
The Company is diligently working on filing its Quarterly Report for the Second Quarter and anticipates filing it shortly. The Company is committed to establishing better controls over financial reporting and timely financial reporting.
Most notably, the Company is working very closely with a highly regarded national engineering firm and its clients to complete sales of processors, which such firm is currently qualifying the JBI 'Flagship Processor' for sales to its clients. The Company intends to focus on the technology, develop unique feed systems for customer-specific requirements, and to manufacture the core processor components. In addition to its sales assistance, Company Management anticipates having the engineering firm install, operate and maintain processors as well as provide all auxiliary support systems. This will enable Management to focus on potential customer implementations. The Company has refined its 'Flagship Processor' to commercial ready standards and it is ready for sale.
About JBI, Inc.
JBI, Inc. is a clean energy company that recycles waste plastic into liquid fuels. JBI's proprietary Plastic2Oil® technology can deliver economic and environmental benefits by replacing refined fuels and diverting waste plastic from landfills. For further information, please visit www.plastic2oil.com.
And this has to do with what? Plastic2oil is in the processor selling business. They are no longer a production company. If they want to test clients feedstock, there are 2 very nice holding tanks over near the building housing #3, that are very capable of holding the fuel produced.
Wow- I think I will sell on Friday, lmao. Seriously? Kind of like the yellow ladder.
PTOI trading details
Trading Details for: Wed, Dec 31, 2014On symbol: PTOI
Total $ Volume Traded: 23914 # of Trades: 27 Days High: $ 0.09 Days Low: $0.08
TRF Volume Total: 281335 Trading Status: R CUSIP #: 72759R10
Exempt Short Volume: 0
Adj. Short Volume: 167469
PTOI - Stock TA Bullish
http://www.stockta.com/cgi-bin/analysis.pl?symb=PTOI&cobrand=&mode=stock
PTOI Chart- looking very nice!
http://stockcharts.com/h-sc/ui?s=PTOI&p=D&b=5&g=0&id=p07305639144
The object is to buy low and sell high, not vice versa.
Coming off the low of .058 to .09 is a very nice trend. Keep on watching over the next few weeks/ months.
It comes when it comes. I have no worries at all. Have you noticed the pps is rising?
In case people have not noticed, the website has been updated little by little each day over the last week. I wonder why that would be?
I know he started a new job in 1/2014- Google will set you free.
Yes- about a year ago.
Yep, it comes when it comes. Tomorrow, Friday, early next week makes no difference to me.
What pump? Did I miss it?
PTOI - trading details
Trading Details for: Tue, Dec 30, 2014On symbol: PTOI
Total $ Volume Traded: 9799 # of Trades: 26 Days High: $ 0.0875 Days Low: $0.0712
TRF Volume Total: 123490 Trading Status: R CUSIP #: 72759R10
Exempt Short Volume: 0
Adj. Short Volume: 54815
Yep but close to 50% from the lows. I know I got some .058's.
Trading Details for: Tue, Dec 23, 2014On symbol: PTOI
Total $ Volume Traded: 18634 # of Trades: 28 Days High: $ 0.085 Days Low: $0.0721
TRF Volume Total: 237212 Trading Status: R CUSIP #: 72759R10
Exempt Short Volume: 0
Adj. Short Volume: 106500
PTOI chart shaping up nicely after close of .085, up 10.53%. 2nd day above the 50 day moving average. Next up 200 day at .121.
http://stockcharts.com/h-sc/ui?s=PTOI&p=D&b=5&g=0&id=p31551965278
It was very interesting watching NITE run like a scalded dog to
.10 when the 8k came out without getting hit. Then settled back at .09.
Current Report Filing (8-k)
Date : 12/23/2014 @ 3:14PM
Source : Edgar (US Regulatory)
Stock : Plastic2oil, Inc. (QB) (PTOI)
Quote : 0.08 0.0031 (4.03%) @ 2:29PM
Current Report Filing (8-k)
Print
Alert
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): December 18, 2014
PLASTIC2OIL, Inc.
(Exact name of registrant as specified in its charter)
Nevada 000-52444 90-0822950
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
20 Iroquois Street
Niagara Falls, NY
14303
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (716) 278-0015
N/A
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
? Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
? Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
? Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
? Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
(1)
Item 8.01 Other Events
As previously reported, on August 8, 2013, Plastic2Oil, Inc. (formerly known as JBI, Inc.) (the “Company”) entered into a stipulation agreement (the “Stipulation Agreement”) in potential settlement of the previously reported class action lawsuit filed by certain stockholders of the Company against the Company and Messrs. Bordynuik and Baldwin (both former officers of the Company) on behalf of a settlement class consisting of purchasers of the Company’s common stock during the period from August 28, 2009 through January 4, 2012. The terms of the Stipulation Agreement are summarized in the Company's Form 8-K, filed with the Securities and Exchange Commission on August 9, 2013.
On December 18, 2014, the Court filed and entered its Order Preliminarily Approving Settlement and Providing for Notice of Proposed Settlement (the “Preliminary Approval Order”). In its Preliminary Approval Order the Court preliminarily approved the settlement, and scheduled a hearing on April 27, 2015, at which the Court will be asked to finally approve the settlement of the litigation and to enter judgment accordingly.
Any actual settlement is subject to risks and uncertainties including, among other things, objections from class members to the terms of the settlement and failure of the Court to approve the settlement.
(2)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Plastic2Oil, Inc.
December 23, 2014 By: /s/ Richard Heddle
Name: Richard Heddle
Title: Chief Executive Officer
What would change now? I would call the sale of a processor or 2 or 4 a change.
Still waiting for the pump. When will that occur? By the way, 8k's are not pumping. They are material events. I suspect several coming by the end of the year. It should be excellent reading material for longs.
PTOI setting up nicely for the processor sales coming very soon.
How long till the 200 day MA at .122? Tomorrow, this week, or next?
PTOI closes above 50 day Moving Average
http://stockcharts.com/h-sc/ui?s=PTOI&p=D&b=5&g=0&id=p73087358305
Looks like 10/16 to me.
Yep- doubt the PTOI shorts will like the next few weeks.
I know exactly what seating a board on PTOI means. Especially the number of 5 board members. Having been through a Company uplisting out of the cesspool know as the OTC, 5 is a wonderful number.
Not an exciting hurdle- just the line in the sand drawn by the shorts.
It looks like PTOI's legal bill got paid. 2 pacer updates today. I wonder where they got the money and what is revealed next?