Plastic2Oil Inc (PTOI)

[ponzi_implosion]

218,301 more shares plus $3,000,000.00 in money borrowed at 12%. Given the continued burn rate of roughly $1,000,000 per month and ongoing operational losses it looks like the company will have to beg & borrow & sell more shares to keep afloat. At the typical 50% discount off retail a million dollars of financing works out to about 8,000,000 shares per month. Get ready for the almost inevitable penny debt death spiral.