Plastic2Oil Inc (PTOI)

[arvitar]

It's doubtful that "Many people", or even *any* people, are waiting to buy JBII on that news.


The best case scenario is that JBI manages a PIPE of about 40 MILLION shares at $0.20 +/- $0.05. That gives them another 6 months before they have to raise their next financing, which will again at much lower prices.

The second best case is that JBI obtains some form of toxic financing.

The third alternative is that JBI fails to obtain any type of financing, and goes kaput.


Even the best possible scenario is pretty much a guarantee of losses for anyone buying and holding JBI.



SPLAT