Plastic2Oil Inc (PTOI)

[P2O I'm from MO]

In addition, the CFO had answered "No" to the following question in the late filing notification that was filed on 5/15 2014 relating to the 2014 Q1 10-Q:
"Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?"

In fact on July 31, 2014, when the 10-Q for the first quarter was finally filed, it showed that P2O sales for the first quarter were $18,718 versus $129,888 in the first quarter of 2013. Per the 10-Q for the first quarter of 2013 76,016 gallons of fuel were produced. No comparison to the prior year was included in the 2014 10-Q for obvious reasons....there was no fuel produced in Q1 of 2014.

and yet they told NYS DEC a completely different story....


32E03 JBI Plastic2Oil NYS DEC Annual BUD report (998-9-32) for 2014 filed 2/27/2015

Preparation Date: Febraury 27,2015

Required Information: Information required to be provided in the annual report for BUD #998-9-32
is as follows:

Item 1: Total Naptha produced from 1/1/2014 through 12/31/2014
(Includes No. 6 Oil, No. 2 Diesel, and Light Naptha) is as follows:

 
      No. 6 Oil       -       0 gallons 
      No. 2 Diesel    -   9,830 gallons 
      Light Naptha    -   3,129 gallons 
                         -------------- 
               Total  -  12,959 gallons 
 

**********

2014 Annual Report for JBI RE #1. Inc.'s Plastic2Oil Facility in Niagara Falls, New York
as required by Solid Waste Managemewnt Permit ID 9-2911-0348/00003
Reporting Period from 1/1/2014 through 12/31/2014)

Prepared February 27, 2015

Item 5: Changes/Deviations from Approved Plans/Permit

General Operations

#3 Processing Unit only ran during January 2014, and then was shut down and remained down through
12/31/14. Neither #1 nor #2 Processing Unit was operated at any time in 2014. The entire plant remained
shut down for the rest of 2014 for business reasons.