Plastic2Oil Inc (PTOI)

[Artiztic1]

Dead wrong.


Almost immediately following the filing of JBI’s Form 10-K on March 31, 2010, Baldwin, Bordynuik, the business consultant, outside counsel, and newly hired accounting and audit firms consulted about perceived problems associated with the 10-K filing.

Almost IMMEDIATELY after filing the 10-K he acknowleged knowing they were worthless.

The AGM was on 4/24 and they were still selling the pipe knowing full well the credits were worthless, they didn't come clean till 5/21.

They wouldn't have disclosed in the prospectus, and then kept it a secret from all the other shareholders now would they, as this would be insider information and illegal? Material Information is given out to all shareholders at the same time.

They told the world on 5/21 via 8K, after lying and knowing damn well that they were lying.

Actually you have no idea when the PIPE was sold:

Date of First Sale 2010-04-15
www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7249602

The AGM was on 4/24/10. What he might have known on 4/24/10 has nothing to do with 4/15/10. Furthermore, for all we know, all of it ($1.3 million only) was sold on 4/15/10. We also don't know what those investors were told and what was in their investing prospectus.