Plastic2Oil Inc (PTOI)

[dreaminbig]

Odd that the data patent isn't mentioned again when they are discussing protecting intellectual property in the 10K yet they talk about the Pak-It patents.

Our ability to compete may decline if we do not adequately protect our intellectual property or if we lose some of our intellectual property rights through costly litigation or administrative proceedings.

We hold two U.S. patents relating to the Pak-It delivery method. We are currently working on submitting several aspects of both our P2O processor and the P2O process itself for patent protection. However, all patents expire, and any patent will only provide us commercial advantage for a limited period of time, if at all. We intend to continue to apply for patents relating to our technologies, methods and products, as we deem appropriate.

We may fail to apply for patents on important technologies, methods or products in a timely fashion, or at all.

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http://www.sec.gov/Archives/edgar/data/1381105/000121390011002119/f10k2010_jbi.htm