Plastic2Oil Inc (PTOI)

[Johnik]

Now we know why Pakit and Javaco sold out to JBI. They must have saw this 8K and beleived the tape business was a huge money maker and/or the CEO told them it was a huge money maker that it clearly wasn't.

That wouldn't have been very wise, considering the same filing you brought to our attention clearly reflected a company that, historically, was not a "huge money maker." Prior year revenues taken from that same filing:

Comparison of Years Ended July 31, 2008 and 2007


REVENUES. For the year ended July 31, 2008 as compared to the year ended July 31, 2007, the Company generated revenues of $90,536 and $49,574 respectively, reflecting an increase of approximately $40,965which approximately is attributable to progressing through NASA’s procurement process.

http://www.sec.gov/Archives/edgar/data/1415602/000121390009000261/f8k021009_expedite2.htm

The prospective "truckload" figures seem to reflect a business plan that was either (1) dropped in favor of pursuing P2O, or (2) put on hold pending commercialization of P2O. Of course, I have no idea what the CEO said or didn't say to Javaco and Pak-It reps at the negotiating table.