Plastic2Oil Inc (PTOI)

[MorningLightMountain]

yes, people like that tend to lie for illicit gains, go figure!!!....

the real head-scratcher is why folks would REALLY *think* some of what was claimed was valid, just because a fellow schemer stayed around to "keep the lights on as CEO"......of course, maybe such people just don't say things in good faith, mirroring the ways of the almighty FOUNDER....

(at least some of the *bad-faithers* had the decency, or self-preservation smarts maybe, to shut up and leave when it became obvious this was a sham)....

PS: from another sham stock recently (which shows tracing the real path of funds can be tricky):

Toups Makes a Sham Purchase of XXXX Stock to Drive Up XXXX’s Stock Price

53. During this same time, XXXX and Toups received advice from an analyst close
to the company suggesting that it was important for XXXX’s insiders to show confidence in
the company by publicly purchasing shares of the company’s stock, which would in turn help

SEC v. Michael P. Toups, et al.
Complaint Page 12

push the stock price above the warrant exercise price. This would encourage warrant holders to
exercise their contracts because doing so would be immediately profitable.
54. On November 15, 2012, Li instructed Toups to buy 3,000 XXXX shares when
the market opened the following day. And the next day Li wired $6,600 to Toups’s personal
bank account to fund the purchase.
55. Toups promptly purchased 3,200 shares with the funds he received from XXX
and filed a related Form 4 publicly disclosing the stock purchase. Neither Toups nor XXXX
disclosed that Toups used company funds, and not his own money, to purchase the stock.
56. Toups’s sham purchase had the intended effect. Investors took notice of the CFO
buying shares “(using) his own money,” and XXXX’s stock price increased by 10% in the days
immediately following Toups’s trade using company funds.

PPS: Toups (and his father) was once associated with (now) incarcerated John Stanton, and Stanton of course was associated with John Rivera of USSE 1.0 infamy....go figure.....what a web......