Plastic2Oil Inc (PTOI)

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Would the pump have been related to these Pipe's and issuances? All coming off restriction now?

On June 2011, the Company consummated a confidential private placement for the issuance and sale of 2,010,484 shares of common stock at a price of $0.70 per share. The Company received gross proceeds in the amount of $1,407,339, net of share issue costs of $Nil. The Company also had subscriptions for an additional 407,071 shares for proceeds of $284,950. The offering proceeds were used for working capital.

On June 15, 2011, the Company issued 205,307 shares of common stock to various parties at an expense of $164,040 as a compensation for prior services provided. The shares issued have been reported as operating expenses in the statement of operations.

In June 2011, the Company consummated a confidential private placement with certain accredited investors for the issuance and sale of 8,157,057 shares of common stock. The offering was at $0.70 per share and the Company had subscriptions for these shares which amounted to proceeds of $5,709,940. The Company received $5,688,406 of these proceeds with the balance of $21,534 recorded as subscription receivable at June 30, 2011. The offering proceeds were used for working capital.

On June 22, 2011, the Company issued 49,658 shares of common stock to various parties at an expense of $206,031 as a compensation for services provided. The shares issued have been valued at the closing share price on the respective issue dates and were reported as operating expenses in the statement of operations.

On June 12, 2011, the Company issued 210,000 shares of common stock to various parties valued at $178,500 as compensation for prior services provided. The shares issued have been reported as operating expenses in the statement of operations.