Plastic2Oil Inc (PTOI)

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47. Immediately thereafter, on or about October 23, 2009, Bordynuik caused the shares represented by these certificates to be transferred to fourteen different transferees, none of whom were beneficiaries of the trust.

48. Again on December 10, 2009 Bordynuik caused 300,000 shares to be transferred improperly from the Childrens' Trust account to the benefit of Bespoke Growth Partners. Bespoke Growth Partners was not a beneficiary of the Childrens' Trust.

49. Bordynuik used the Childrens' Trust account at DS as a reservoir of JBI shares which he distributed to people who had been involved in or friendly to the company's operations. Bordynuik undertook some of these activities in pursuit of JBI becoming up-listed on American exchanges. His use of the trust account was improper in that he distributed shares subject to the Childrens' Trust to parties who were not beneficiaries of the Childrens' Trust.