Plastic2Oil Inc (PTOI)

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As long as Bordynuik plays an essential role in how the drama engulfing this company unfolds, people will, and should, continue to discuss him.

Since Bordynuik is the sole living Keeper-of-the-Secret-of-the-Magic-Catalyst, upon which this company entirely depends, and since everything hinges on whether it works as Bordynuik has claimed, he's the man in the limelight.

Since Bordynuik will only tell his Super Secret to one other humanoid known only to the CFO, who might likely not have the technical background or knowledge which would allow him to make sense of that information (and hence his cat might as well be the only other person who will know the secret), Bordynuik has assured himself a central role for as long as P2O is claimed to be the company's business.

As such, Bordynluik, will, and should, remain the responsible target should it turn out that he's been lying about the catalyst making it possible to convert plastic to oil for a total cost of $10.00/bbl.

Well, I guess for those who believe the buck stops with the CEO, it's Rauber's fault for agreeing to such a ludicrous, asinine arrangement.


http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8624665-108934-145098&type=sect&dcn=0001213900-12-002764
Protection of Plastic2Oil Trade Secrets . The Company has certain extremely valuable and confidential information in the nature of trade secrets relating to its Plastic2Oil processor (“Plastic2Oil Trade Secrets”). The Plastic2Oil Trade Secrets consist of know-how, formulas, designs and catalyst compositions. Currently, Employee is the only person with knowledge of these Plastic2Oil Trade Secrets. Company and Employee agree that within three months of the execution of this Agreement, these Plastic2Oil Trade Secrets shall be known to Employee and one other employee of P2O. Such employee will remain nameless and only be known to Matthew Ingham, the Chief Financial Officer of the Company. Due to the sensitive nature of these Trade Secrets, no member of the Company’s Board of Directors or Executive Management shall be privy to this information. Any writings reflecting or relating to these Plastic2Oil Trade Secrets are now and shall in the future be kept locked in a bank vault. That bank vault shall not be opened, except in the event of the death or incapacity of Employee or the other employee and only then upon a resolution of the Company’s Board of Directors. To the extent that this provision is inconsistent with or contrary to anything in the more general provisions of Article IV of this Agreement, this paragraph 1.4 (b) shall govern.