Plastic2Oil Inc (PTOI)

[Modern_Rock]

Wow do you actually believe the fantasy fiction you write? Do you KNOW these PIPE investors personally? You really think ANYONE , I repeat ANYONE would pay $4 when they can pay $3, $2.50, $2, $1.50? These are INVESTORS and by definition that is to MAKE MONEY! You think these guys who bought in the $4s is throwing a party now or are they sick to their stomach over the lies and the RAPID quick decay in the share price along with the company's integrity and trust?

JOhn, JBII, basically straight out LIED to them. They bought into a $4 PIPE only to see 1 day later the company declare restatement of financial leading to a 60% stock tank! How can you say that these guys are happy and in love with the company? Bottom line is that the PIPE guys wanted to get the shares FOR CHEAP $4 when the pps was $5.10 at the time! And that's a FACT!

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According to the Form D, 332,579 shares had already been sold between April 15 and May 11, 2010. The remaining 156,200 would have been sold in the last 10 days.

Quote:
Total Offering Amount $4,000,000 USD
Total Amount Sold $1,330,316 USD
Total Remaining to be Sold $2,669,684 USD


http://www.sec.gov/Archives/edgar/data/1381105/000121390010001807/xslFormDX01/primary_doc.xml

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50455667

Yes, and the closing price on April 15th was 5.10

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50455729