Plastic2Oil Inc (PTOI)

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1) JBI revealed in their 10K that their processors have been sitting idle for the last 5 or 6 months, and will remain so for some time into the future.

2) JBI also revealed that they can't find the $200K needed to fix their processors, hence they are broke.

3) John Bordynuik earned a salary of $258,305.00 in 2013, and a salary + bonus of $339,402.00 in 2012. He had also sold 850,000 shares when JBII was trading around $1.40, earning around $1.2 MILLION dollars. Yet, he doesn't see it fit to loan the company $200K to fix the processors.

4) JBII down-listed to the PINK sheets. They couldn't even be bothered to satisfy the pathetically minimal requirements needed to stay listed on the OTCQB.

5) JBI lost its status of being fully compliant by failing to submit their latest Q, and they filed their 10K significantly late. This represents another flat-out lie by incompetent management who promised increased transparency and frequent updates to their investors.

6) JBI abandoned their only known patent application on the P2O technology, leaving them with nothing proprietary to sell.

7) JBI revealed they had a failed PIPE offering for shares that were discounted 45% to the market. They sought $1M dollars, but only managed to raise less than 1/3 of that. In other words, JBI is broke, and is unable to raise money from investors.

8) Bordynuik *admitted* in the OSC settlement to having willfully acted illegally to screw shareholders from 2008 through 2011. Bordynuik *admitted* to using his own mother and children as unwitting accomplices in his crimes, suggesting he's a barely functional sociopath.

9) Bordynuik *admitted* in court documents to dumping shares when JBII was trading trading at much higher prices, during the same time when investors were being encouraged to buy-and-hold.

10) JBII now down 67% since Heddle took over only ten months ago.

11) JBI hasn't been able to find even one independent qualified person to join their board, after trying for more than two TWO YEARS. That suggests folks who have experience in managing legitimate public companies don't want anything to do with JBI.