Plastic2Oil Inc (PTOI)

[tykundegex]

I realize now why so many people here get bent out of shape regarding permitting and timelines. It's just a combination of poor mathematics and english skills.

For example, the phrase "the acquisition is anticipated to be officially consummated in the second quarter of 2010" contains the English verb anticipate, and the timeframe second quarter 2010.

A quarter of a year (which is 12 months) is 3 months. The second quarter is therefore month 4,5 and 6, and the 6th month of the Gregorian calendar is June, which has 30 days even in a leap year. That means that the the date referred to is the 30th day in June.

The verb "anticipate" means, according to the US English Thesaurus that comes with MS Word 2007, to expect, predict, or be hopeful of. That implies that the 30th day of June may indeed come to pass without any agreement.

I hope this information helps to reduce the number of times people ask when or if this acquisition has been made public and/or consummated.