Plastic2Oil Inc (PTOI)

[dreaminbig]

When 310/JBI bought John Bordynuik, Inc. wasn't there some question about the value of the assets in that 'arms length' agreement?

JB bought a shell that was virtually worthless. He needed a floor for his shell to get investors, initially to increase the tape reading business. He wanted to juice things up and bought some media credits, Javaco and Pakit. Within months his worthless shell was worth tens of millions of dollars on paper. He raises millions of dollars in pipes, pays of debts, raises more money in pipes then restates everything cutting the value of JBI in half. If that wasn't enough, the businesses he brought in to fluff up the numbers are gone. And still no revenue. And lots of legal fees.