Plastic2Oil Inc (PTOI)

[Artiztic1]

Please add the following.

According to the company’s filings, the company entered into a consulting service contract with a shareholder, where the minimum future payment is equal to fifty percent of the operating income generated from the operations of two of the most profitable devices and 10% from all the other devices in marine industries. Would the payment to the unnamed shareholder of a minimum of fifty percent of the operating income be coming from the two most profitable P20 Processors and the other 10% from all other P20 Processors in the marine industry?

I asked 4kids_9pets,after that question and two others were left off the list for questions to be presented prior to the conference call to reconsider adding them.

No surprise that it wasn't and not that it would have mattered as 95% of all questions that were submitted to him prior to the CC went totally IGNORED.

Since JBI has no other devices in the Marine industry or the fact that he never discussed marine based tape readers, it's obviously clear that the minimum payment of fifty percent of the operating income is coming from the only other marine industry ever disclosed - marine based P20 processors.

"where the minimum future payment is equal to fifty percent of the operating income generated from the operations of two of the most profitable devices and 10% from all the other devices in marine industries"

Which then makes it also obvious that the two most profitable devices in the same very sentence describe land based P2O processors.

Nice find.

"There is, however, an Active corporation registered in the state of Nevada named Plastic2Oil Marine, Inc. which has all of its officer and its sole directors positions occupied by JB."

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=DTGvqg3XFJoPB1bvF%252bARoA%253d%253d&nt7=0

Hmmm, I wonder who that mysterious shareholder is who is going to collect a minimum of 50% of the total operating income for the two most profitable devices.

Which also makes me wonder, when he will sign the next arms length agreement with the same unnamed shareholder for a minimum of 50% for all land based P2O processors that have yet to be built?

No one could stop him as he has majority voting power that he gave to himself under the guise of giving back shares.