Plastic2Oil Inc (PTOI)

[PaperProphet]

Re:<"P2O patent. Took me a while to find it as it is very old news. Here's the PR from July 2009 when JBI was still called 310 Holdings. I have no idea about the status of the patent.">

After that Mr. Bordynuik recanted that he has any patents in the 10K/A.

"The Company has not sought patent protection for its P2O processing technology."

http://www.sec.gov/Archives/edgar/data/1381105/000121390010002805/f10ka2009_jbi.htm

So it went from:

"310 Holdings Inc. (OTCBB: TRTN) today announces it is filing a patent application to protect the Company's Plastic2Oil process and technology."

...to...

""The Company has not sought patent protection for its P2O processing technology."

Just another little white lie from the CEO and controlling shareholder who controls every aspect of how investors' money is spent--nothing to worry about. It made good fodder for a PR and even bad information is good if it helps promote the stock, right? As long as you're convinced that Mr. Bordynuik's ethical shortcomings won't translate to him ripping you off as well, you should be fine.

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