Plastic2Oil Inc (PTOI)

[dreaminbig]

The numbers kept changing on the valuation of that asset purchase in the filings. According to the last 10Q, it's written off completely. And JB stepped down? Maybe JB misses his computer stuff.

What happened to the shares? Where is the equipment that JBI owns? Poof?

Gately was sanctioned by the PCAOB. He was done BEFORE the JBI audit.

3) The asset purchase was audited by James Gately.

What happened to the 809,593 shares he got for selling the data equipment to himself?

Bordynuik John William

FORM 3 - 08/03/2009
310 HOLDINGS, INC. [ TRTN.OB ]

Common Stock, $0.001 par value 809,593 I John Bordynuik, Inc.
Common Stock, $0.001 par value 40,250,000 D

S/ John Bordynuik 08/03/2009

FORM 3 - 08/03/2009
sec.gov/Archives/edgar/data/1381105/000121390009001900/xslF345X02/f3john_310holdex.xml

FORM 5: Bordynuik John William 01/14/2011

Common Stock (1) 08/27/2009 08/27/2009 J 10,000,000 D $0 30,250,000 D
Common Stock (2) 02/02/2010 02/02/2010 S 23,846 A $3 30,273,846 D
Common Stock (3) 03/02/2010 03/02/2010 J 9,000,000 D $0 21,273,846 D
Common Stock (3) 03/02/2010 03/02/2010 J 12,000,000 D $0 9,273,846 D
Common Stock (4) 10/06/2010 10/06/2010 J 800,000 D $0 9,073,846 D
Common Stock (4) 10/06/2010 10/06/2010 J 200,000 D $0 8,273,846 D
Common Stock 01/12/2011 01/12/2011 P 3,000 A $0.68 8,276,846 D

FORM 5
http://sec.gov/Archives/edgar/data/1381105/000114036111003047/xslF345X03/doc1.xml

"40,250,000 shares of the Issuer's common stock were acquired by the Reporting Person on April 24, 2009 and an additional 809,953 shares were issued to the Reporting Person pursuant to an Asset Purchase Agreement dated June 25, 2009."

16 days later (on 8/27/09), based on a Form 5 filed on 1/14/11, he no longer reflected the 809,953 shares as his own.

Poof...gone.

On a Form 3 filed on 8/3/09 he acknowledged that he had INDIRECT ownership of the shares, which belonged to John Bordynuik, Inc.

It's all right here:
http://sec.gov/cgi-bin/browse-edgar?CIK=0001440210&action=getcompany

I'm sure Bordynuik will be asked to explain to the SEC how they went "poof".