Plastic2Oil Inc (PTOI)

[BRIG_88]

INVENTORIES? Anyone catch this? Looks to me like they had fuel made but it didn't ship out in time to be included the 3rd quarter. Should show up as revenue in this quarter. Raw material is probably plastic and finished goods is probably fuel.....from the 10Q:

September 30,2012

Raw materials $81,971

Finished goods $75,891

Inventories, which consist primarily of plastics and processed fuel at P2O, are stated at the lower of cost or market. The Company uses an average costing method for determining cost (Note 4). Inventories are periodically reviewed for use and obsolescence, and adjusted as necessary.