Plastic2Oil Inc (PTOI)

[fourkids_9pets]

remember this upcoming Q covers to EO 9.30.19

8K was filed on October 8th (events on 10.2.19)

Item 1.01 Entry into a Material Definitive Agreement.

On October 2, 2019, Plastic2Oil, Inc., a Nevada corporation (the “Company”), entered into an agreement (“Agreement”) with Nulixo, Inc. (the “Buyer”), whereby the Buyer agreed to appoint the Company as the exclusive supplier for plastic to oil processors for a period of twenty (20) years. Specifically, the Buyer agrees to purchase at least eight (8) processors over a period of three (3) years, and at least one (1) to be ordered upon the effectiveness of the Agreement. Pursuant to the first purchase order, for which the company is awaiting initial funding of the purchase order, the Buyer ordered two (2) processors for Six Million Dollars ($6,000,000) with an initial payment of Three Million Dollars ($3,000,000). Any subsequent processor purchased shall be at a fixed rate of ($3,000,000). In addition, the Company has further agreed to provide monitoring and servicing services for a fee to be determined on a case by case basis.

it is quite possible events in play re: NF facility didn't start until October 2, 2019

https://www.sec.gov/Archives/edgar/data/1381105/000149315219015252/form8-k.htm

what would be nice to see out of RH (even tho' PRs' usually get worked off of on the OTC)
is if he issues a Shareholder Update (last one issued in August 2018) to accompany the Q en route

my thinking is that time frame noted by SP .. brings us out to next Spring (10K due in March 2020)

that said won't bother me to be wrong and we see something in this Q .. :)

4kids

We should see that in upcoming 10Q which will be before Friday or on Monday