This can't be the reason: "Plastic2Oil, Inc. (the “Company”) is unable to file its Quarterly Report on Form 10-Q for the period ended March 31, 2016 within the prescribed time period due to staffing limitations. Accordingly, the Company is unable to file such report within the prescribed time period without unreasonable effort or expense. The Company is seeking to file its Quarterly Report within the extension period provided under Rule 12b-25, however, due to the delay in the start of the auditor review, there can be no assurance that the Company will be successful in filing prior to the expiration of the extension period."
It doesn't take a "staff" to record and accumulate the number of transactions into financial statements that this company has in the 45 days allowed for the preparation of the 10-Q and for the last couple of years the text hasn't varied much....."The important stuff is broke and WE HAVE DECIDED NOT TO FIX IT". Are you having trouble finding someone who knows how to type?
You come right out and tell us that it isn't "anticipated that any significant change in results of operations from the corresponding period for the last fiscal year" on the Form.