Plastic2Oil Inc (PTOI)

[buenokite]

This company was founded on a series of complete lies by John Bordynuik. It started with the tape reading monopoly lie and continued through the pyrolysis lie created by John Bordynuik to enrich himself and his friends. John Bordynuik claimed he was creating fuel for less than $10 per barrel and could get WTI-$3 from Somerset refinery. He was lying for the sole purpose of defrauding shareholders. He even intentionally obfuscated the fact he was lying in the SEC filings by hiding P20 revenue and costs behind cardboard recycling. He was aided and abetted in executing that fraud by those claiming cardboard recycling made no material difference.

Over time one of the classic techniques used by this scam has been the leaking of these types of photos seen recently and that you reference in your post. Often these photos were augmented by intentionally partial but completely misleading information from John Bordynuik all with the express purpose of deceiving shareholders. Bordynuik wants shareholders to come to the most optimistic but catastrophically wrong conclusions so he and those around him can enrich themselves. He has successfully conned people as clearly documented by the SEC and the OSC. He is a truly unique scumbag in that he has been banned by two countries from being an officer and director in his own scam. Seriously Mommy must be proud. You know the lady who helped illegally funnel shares from her grandchildren's trust fund.

Finally the scam has been supported by those who have created fanciful and intentionally false theories as to why the stock price has cratered. These intentionally false theories include the moronic notion that market makers are communicating on level 2 stock feeds. And the even more nonsensical theory that tens of millions of shares are naked short in PTOI.

At the end of the day all the red flags are flying on this scam and they have been for some time. I no longer feel sorry for those that continue to believe the lies. Any reasonable investor with average intelligence should be able to see the handwriting on the wall. But alas many will not....because they never do with these types of scams until it is too late.