Plastic2Oil Inc (PTOI)

[JBIIRULES]

This argument doesn’t hold up

Rivera is accused of fraud who had nothing but talk. P2O is an actual company that has produced fuel. They have turned plastics back to fuel. They have not been accused of pump and dump by the SEC only by those who were unable to sell their stock.


“A federal judge has granted the U.S. Securities and Exchange Commission a summary judgment against John H. Rivera, chairman and CEO of Texas-based U.S. Sustainable Energy Corp. The SEC filed a civil complaint in U.S. District Court in mid-2008, alleging that Rivera’s company used a “pump-and-dump” scheme to illegally make more than $721,000 on its owns stock. (See “SEC files complaint against U.S. Sustainable Energy.”)

Can P2O turn it around after all these years? The longs are hoping so and all the chatter against P2O will not deter their resolve!