Plastic2Oil Inc (PTOI)

[dreaminbig]

To amend the Company’s Articles of Incorporation to increase the number of authorized shares of common stock we may issue from 70,000,000 to 150,000,000 (the “Share Increase”)


JB returned them after he doubled the shares in the company and to himself.


The purpose of this Information Statement is to inform the holders of record, as of the close of business on November 6, 2009 (the “Record Date”), of shares of the common stock with voting power of JBI, Inc., a Nevada corporation (the “Company”), that our Board of Directors and a majority shareholder of approximately 52% of our common stock with voting power as of the Record Date have giving written consent as of November 6, 2009, to approve the following:

To amend the Company’s Articles of Incorporation to increase the number of authorized shares of common stock we may issue from 70,000,000 to 150,000,000 (the “Share Increase”)

These actions were approved on November 6, 2009, by our Board of Directors and a shareholder who holds a majority of our issued and outstanding voting securities. We anticipate an effective date of December 11, 2009, or as soon thereafter as practicable in accordance applicable law, including the Nevada General Corporation Law (“NGCL”).

http://www.sec.gov/Archives/edgar/data/1381105/000121390009003338/def14c_jbi.htm