Plastic2Oil Inc (PTOI)

[jaxstraw]

With the current situation and banking and lending taking a massive hit it will be near impossible for a company with no assets or operations to borrow money.

This is becoming 2008/9 all over again and banks are going to be make lending requirements extremely stringent, draw back on credit extended, and slash existing exposure.

A company such as Nulixo just saw any chance of borrowing to build an infrastructure totally disappear.

Even if the principal's involved decided to use their personal wealth or credit they just saw a massive hit in paper equity.

The deal is for 20 years.....and they might need it to get back 5o prosperous times..

Shareholders who think anything is happening this year or next are SOL.