They call him the Great Extender***
"The Second Amendment further amends that certain Master Agreement, dated December 21, 2017, by and between the Company and the Customer (as amended, the “Master Agreement”) by extending the date by which the Customer must submit purchase orders for the first two processors from within 240 days of executing the Master Agreement to within 330 days of such execution."
Friday November 16, 2018 is 330 days from December 21, 2017.
On August 29, 2018, Plastic2Oil, Inc., a Nevada corporation (the “Company”), entered into an agreement (“Amendment to Note 1”) with Mr. Richard Heddle, the Company’s chief executive officer and a member of the Company’s board of directors, to extend the maturity date of the outstanding $1 million principal amount 12% Secured Promissory Note due August 31, 2018 (“Note 1”) to December 1, 2018. Mr. Heddle originally purchased Note 1 from the Company on August 29, 2013 in the Company’s private placement of 12% Secured Promissory Notes due August 31, 2018.
On August 29, 2018, the Company entered into an agreement (“Amendment to Note 2”) with Mr. Heddle to extend the maturity date of the outstanding $2 million principal amount 12% Secured Promissory Note due September 30, 2018 (“Note 2”) to December 1, 2018. Mr. Heddle originally purchased Note 2 from the Company on September 30, 2013 in the Compaany’s private placement of 12% Secured Promissory Notes due September 30, 2018.
****A message to shareholders (pretending that you're still around):
Oh yes, I'm the great extender
Pretending I'm doing well
My need is such I extend too much
I'm lonely but no one can tell
Oh yes I'm the great extender
Adrift in a world of my own
I play the game but to my real shame
You've left me to dream all alone
Too real is this feeling of make believe
Too real when I feel what my filings can't conceal
Ooh ooh, yes I'm the great extender
Just laughing and gay like a clown
I seem to be what I'm not (you see)
I'm wearing my heart like a crown
Pretending that you're still around
Too real when I feel what my filings can't conceal
Oh yes I'm the great extender
Just laughing and gay like a clown
I seem to be what I'm not you see
I'm wearing my heart like a crown
Pretending that you're still around
And for your further entertainment ladies and gentlemen your CEO will now figure out how to squeeze $4 million out of a guy named Robin, who has never operated a successful business that anyone has been able to uncover, and turn $3 million of it over to himself two weeks later.
Oh yes, he's the Great Extender.
But can it core A apple?
Yes Ralph, of course it can core A apple.
