Plastic2Oil Inc (PTOI)

[loanranger]

"Surely I don’t - several certifications filed for the past several years actually called for percentages, not share numbers."
That is patently false...you are making things up as you go along. No form that asks for percentages doesn't also require the raw share numbers. Feel free to link a certification that did.

"Perhaps the form changed,"
It did not.

I know what "serious" and "critical" mean. And I know what the phrase "false and misleading" means. And I have no doubt that the so-called investors who continue to hold shares here and support this CEO would consider his sale of a significant portion of his holdings (without reporting them as the securities laws requires) to be less than serious and critical. They obviously saw past the sales by the previous CEO. Maybe they're just used to it at this point.

I guess we'll have to wait and see if further corrections are made or if he allows the filing that clearly shows a reduction in his holdings to stand.

"I chose to answer because it seemed like a good idea at the time, but I’m staring to regret it."
No need for regrets....you didn't answer anything.




In sum, reviewing the filings made by Heddle personally and the Company itself, it is apparent that the the 7,000,000 number includes 3,000,000 warrants acquired in connection with notes issued to Heddle and 1,000,000 warrants held by Heddle Marine similarly acquired. There can be little doubt that it concludes 3,000,000 actual common shares because he made 3 beneficial ownership filings that referred to them.
https://www.sec.gov/cgi-bin/browse-edgar?CIK=0001551273&action=getcompany
https://www.sec.gov/Archives/edgar/data/1381105/000126493114000510/ex10_3.htm

What we don't know, and what suggests that sales were made, is what transactions led to his Certification of a holding of only 1,375,000 shares including warrants that can be converted in the next 60 days as of 6/5 here:
https://backend.otcmarkets.com/otcapi/company/financial-report/223296/content