Plastic2Oil Inc (PTOI)

[dreaminbig]

How the credits got their value - from another board and poster.


--April 2007 By deduction, Lextra pays $3.3 mill worth of shares to M4E (but they are a private co). [3]
--Aug 2007 Sportsquest buys Lextra [1] for 2 mill shares quoted at the time at $0.45 ($900 k) [2] and forgivenss of note of $500k.
--Aug 15, 2008, the contract w/ Sportsquest is terminated and Domark pays 2.64 mill shares @ $3.79 ($10,005,600) for media credits, but paid in capital of 9,997,360 (4)
--Aug 24, 2009, the transfer to JBI

How much was actually spent for the very same dubious media credits?

1. http://www.sec.gov/Archives/edgar/data/803097/000100210507000278/ex108.htm
2. http://www.sec.gov/Archives/edgar/data/803097/000114420408045605/v122518_10ksb.htm
3. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46717022
4. http://www.sec.gov/Archives/edgar/data/1365160/000116552709000772/g3413a.txt