Plastic2Oil Inc (PTOI)

[flptrnkng]

Negotiating a key strategic partnership.

In August 2016, we announced the signing of a memorandum of understanding (MOU) with a potential partner regarding the licensing of our technology and a potential sale of processor units. On March 26, 2017, the parties agreed to extend the term of the MOU to May 24, 2017. There can be no guarantee that a definitive agreement will be executed prior to expiration of the extended term of the MOU.

Robin Curtis, a pioneer in the implementation of plastic-to-fuel technology and a participant in the proposed partnership, recently noted: "The market opportunity for plastic to fuel is even more promising today than it was years ago. It appears evident that the Plastic2Oil technology solved the problems that had been encountered in our previous attempts to implement plastic to fuel technology. We now look forward to the opportunity to implement Plastic2Oil technology."

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600 days, more or less this 'deal' has been pre-heating. It's been 118 days since the 'definitive agreement' was signed. Just two more days to go. I can't wait.