Plastic2Oil Inc (PTOI)

[Arthur Edward Whoof]

From what I have read and been led to believe, my opinion is that the SEC may have had a valid point that was addressed and it played out just as it would have for any other company.

I believe that the propaganda mill turned this into something much more than what it was.


My bigger fear would be that JBI has been buying and stockpiling large amounts of plastic over the last few years and hiding the expenses.

The idea would be an internal coverup to one day start running the machines (perhaps in the last quarter) using this previously paid for plastic and showing a substantial profit in that quarter, but conveniently hiding the actual cost which is buried in past expenditures of previous quarters.

This has obvious implications in PR, investor confidence and the potential for fabricated growth.

I suspect that eventually they will get caught and perhaps reviled as some type of ponzi scheme.

I only say this based on the fact that I know what it takes to run one of these machines and I know that the plastic needed will cost more than the oil that can be produced. So the only way to make this work is to fake it.


Who’s to know if your soul will fade at all?
The one you sold to fool the world
You lost your self-esteem along the way, yeah

Good god, you're comin’ up with reasons
Good god, you're draggin’ it out
And good god, it's the changin’ of the seasons
I feel so right, so follow me down and just

Fake it, if you’re out of direction
Fake it, if you don't belong,
yeah Fake it, if you feel like infection
Whoa, you’re such a f***in’ hypocrite
SEETHER