Plastic2Oil Inc (PTOI)

[rocketeer357]

Where was this processor supposed to come from? LOL, let's see. Ummmm...

1. Large amounts of cash rolling in from the tape reading business
2. Pak-it revenues
3. Cash flow from the processor in upstate NY that was gonna rain cash (and heaven) down upon us once the air permit was acquired

4. Cash from fat cats who, according to the CEO, were just waiting for the air permit to be approved before providing any necessary financing.

This last point merits extra consideration: What happened here???!!! Or do you think that John B was referring to .80 PIPES at exorbitant finders fees when he made that claim?

When a CEO makes claims like #4 and then starts sucking the PIPE, savvy investors best beware.