Plastic2Oil Inc (PTOI)

[arvitar]

Bordynuik will likely resign and disgorge his ill-gotten gains before this gets to trial. That's how these OTC scams usually end.


Looking at some similar and recent OTC scams charged by the SEC, it seems to take about 1-2 years from the time the charges are filed until the trial is in full swing. So that's an upper bound if either Bordynuik or the SEC won't settle.

There is, of course, the possibility that the SEC might just suspend this scam, and leave it for dead on the Greys while they continue to prosecute The Juicer.

If Bordynuik gets desperate and starts putting out more false and misleading press releases, similar to the ones he churned in in 2010, he'll increase his odds of getting suspended quite a bit.