Plastic2Oil Inc (PTOI)

[SuperSquirrel]

Thanks for the article but I had already read it (and then did additional DD) but I did find these points interesting...

"How To Sniff Out a Fraud ..."

"In general there will be no patents, nor patents pending."

"A secret catalyst or secret formulation is another frequent theme. (People too often ascribe magical properties to catalysts. Catalysts can speed up a reaction, but they do not allow you to get around the laws of thermodynamics.)"

"Finally, I should point out that Michael Spitzauer has had a falling out with Dr. Koch. So it is still possible – albeit I think remotely – that Dr. Koch’s original invention is what he claims it is." March 9, 2009

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The update is that in June 2010, Covanta (NYSE:CVA) installed and has been testing the Alphakat system and after several months of operation they even modified their agreement with GEYI for Covanta to pay for more of the costs and get expanded rights to the Alphakat system. It was after this that the convertible debt was restructured by a "10% or more" shareholder group.

Also, as far as patents go, you may want to look at these...

http://v3.espacenet.com/searchResults?PA=%22KOCH+CHRISTIAN%22&DB=EPODOC&submitted=true&locale=en_EP&IN=%22KOCH+CHRISTIAN%22&AB=cataly*&ST=advanced&compact=false