Plastic2Oil Inc (PTOI)

[BigBake1]

Damage hasnt been fixed and that PR was completely FALSE, as subsequent filings no less than 3 of them have clearly stated they lacked the working capital to repair the damage. The last filing provided on August 14th, 2014 states clearly as of this date they were still not repaired:

https://www.sec.gov/Archives/edgar/data/1381105/000126493114000399/plastic2oil10q2.htm

The Company had to shut down its fuel production late in the fourth quarter of 2013 due to severe cold weather that caused damage to condensers and other components of its processors. Management estimates that the repair of the processors will require the expenditure of between $175,000 and $200,000. As of the date of this report the Company lacked the working capital or access to bank credit to make these repairs. The Company is reviewing our financing options, including the sale of shares of its common stock or other securities, in order to allow us to obtain sufficient funds to make the required repairs and resume operation of its processors. Management currently anticipates that the processors will remain idle at least until the third quarter of 2014. During the idle period, we significantly reduced our headcount by furloughing its operations personnel but retained a small team to perform general repairs and maintenance on the processors. Once the processors are repaired, we expect a small increase in its headcount in order to resume normal operations.