Plastic2Oil Inc (PTOI)

[dreaminbig]

The authorized shares have more than doubled since May of 2009.

Market Value $78,558,223 a/o Jan 12, 2012
Shares Outstanding 70,773,174 a/o Nov 18, 2011



6% JBII OS increase from May 2009.......That's pretty good don't you think.........z



ACTION: TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF FROM 70,000,000 TO 150,000,000 (THE “SHARE INCREASE”)

On November 6, 2009, our Board of Directors approved, subject to receiving the approval of the holder of a majority of our outstanding capital stock, an amendment and restatement of our Articles of Incorporation (the “Restated Articles”), to increase the number of authorized shares of common stock we may issue from 70,000,000 to 150,000,000 (the “Share Increase”). The Majority Stockholder approved the Restated Articles pursuant to a written consent dated as of November 6, 2009. The Restated Articles effecting the share increase will become effective following filing with the Secretary of State of the State of Nevada, which will occur promptly following the 20th day after the mailing of this Information Statement to our stockholders as of the Record Date.

http://www.sec.gov/Archives/edgar/data/1381105/000121390009003338/def14c_j