Plastic2Oil Inc (PTOI)

[Johnik]

Are you sure about this part jimmenknee?

[W]e recently learned the deal for Florida P2O franchise(s) which were to be headed by former Pak-it members was cancelled.

The only dead deal I was aware of was a services contract involving the former Pak-It group, not any deals reached for Florida P2O franchises. From the SEC filings:

In April, 2010 JBI negotiated with the former Pak-It management group and their affiliates, including Geoff Weber, Robert Shoemaker, Dick Haber, and Paul Raymond, for a potential written engagement for the provision of services intended to assist JBI management and support the launch of the Plastic2Oil business. On or about April 22, 2010, the group proposed written terms concerning their engagement. JBI management determined that it was in the best interest of the Company and its shareholders to not accept the proposed terms and to proceed without the assistance of the group.

http://www.sec.gov/Archives/edgar/data/1381105/000121390010005258/f10k2009a2_jbi.htm