Plastic2Oil Inc (PTOI)

[dreaminbig]

Some DD on the part of JBI might have been warranted before they traded a million shares for the asset/media credits.

JB got a million shares transferred back from Domark/Kidd after the purchase. 100K to Media4Equity and 900K to himself and Vasquez. Why?


(b) On October 20, 2009, R. Thomas Kidd and Joan L. Kidd, tenants by the entireties, agreed to transfer 100,000 shares of JBI under a consent of assignment agreement with Media4Equity and on December 23, 2009 R. Thomas Kidd and Joan L. Kidd, tenants by the entireties, transferred to JBI, Inc. 900,000 shares of JBI common stock pursuant to the terms of a settlement agreement executed by R. Thomas Kidd and Joan L. Kidd, husband and wife, as tenants by the entireties with Judith Vazquez and JBI, Inc.

http://www.sec.gov/Archives/edgar/data/1333293/000121390010003910/sc13da3kidd_jbi.htm


valuation was also set by KIDD & DOMARK