Plastic2Oil Inc (PTOI)

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New Contest!

If you were an Accredited Investor, as defined by SEC law, what price + perks would entice you to sign up for another PIPE in JBI?

Keep in mind, the last two PIPE groups are currently under water. The 80 cent PIPErs did what they could to get RockTenn off the ground; it has gone nowhere, and the former RKT vice president left JBI with a 'no comment' bonus.

The 50 cent PIPErs from just 5 months ago got a liquidation preference, but that's only good if they find a way to scrape together $8.05 million of hard assets in a liquidation.

So, what's it gonna take for the next group of PIPErs?

Ooops, my entry:

25 cents per share, plus an equal number of warrants to buy at 0.55 per share. How many years are Bogolin's options good for?