Plastic2Oil Inc (PTOI)

[Rawnoc]

LOL....I suggest you read up on what book value is and look at yahoo finance and see how many companies trade for multitudes higher than their book value then do a search for acquisitions and see how many are bought for multitude higher than their book value.

You really thought paying higher than book value for something is rare? lol

"Since companies are usually expected to grow and generate more profits in the future, market capitalization is higher than book value for most companies."
http://www.investorwords.com/549/book_value.html#ixzz15kFg7yoT

Example:

Average Technology stocks trade at 36 times book value:
Average business software stocks trade at 9 times book value:

http://biz.yahoo.com/p/826conameu.html

And you're screaming fraud because the assets were paid for at a price of less than 3 times book value? ROFL!!!!!!

I guess the entire technology sector is a fraud 12 times bigger then.