Plastic2Oil Inc (PTOI)

[Steady_T]

WCRM excerpts from the last Q

Not a very strong partner for Agliyx.

As a result of the above, the Company had a net loss of $1,065,445 since inception through March 31, 2010.

Liquidity and Capital Resources

Year Ended December 31, 2009 Compare to Three Months Ended March 31, 2010

The following table provides selected financial data about our Company for the
year ended December 31, 2009 and the quarter ended March 31, 2010.

Balance Sheet Data: 12/31/09 3/31/10

Cash $ 23 $ 186,090
Construction in Progress $ 60,073 $ 69,135
Total assets $ 60,096 $ 255,225
Accts payable accrued expenses $ 354,095 $ 562,266
Loan Payable - Other $ 300,000 $ 335,000
Loan Payable - Related Party $ 270,290 $ 591,606
Total liabilities $ 924,385 $ 1,488,872
Shareholders' equity $ (864,289 ) $ (1,233,647)