Plastic2Oil Inc (PTOI)

[loanranger]

"I guess it depends on when the holding period starts for restriction. If it's when the shares are converted, I'd think they'd convert immediately. If it's when they got the preferred, then there's no rush."

The six month clock starts on the date the preferred is purchased and continues through conversion. In other words, the clock does not restart at the time of conversion so it shouldn't have any effect on when holders choose to convert.