Plastic2Oil Inc (PTOI)

[the big guy]

Maybe I did not finish the argument. I will finish yours.

I would suspect that JBI would go 1:10 or even higher. I had one that was breaking even at .05, and they went 1:100.

Your numbers are correct. So JBI has a $.50 share price, and 20M outstanding shares.

Great share structure!! Next step, issue new shares. ie printing money. Issue 80 Mllion shares at whatever price they can.

Meantime, share price falls from .50. Simple fact is, as you put it... they now have a loss of .40/ share. That much further to go before a positive PE... therefore price will fall back to .10.

It is like a money printing press.

I posted on another stock (uWink) for years. It went t0 2.50 after an event (opening a restaurant). Then they announced a 2:1 R/S to take it to 5.00, and a 2-year Quiet Period prior to the opening of the second restaurant. Then they did an issue to raise capital. By the time the issue came out, the price had fallen such that all they got in the offering was 1.25/ share. The price had fallen from 5.00 to 1.25.

I may have the facts wrong... maybe it fell from 2.50 to 1.25, then they did the R/S to 5.00 and issued shares,.. not exactly sure.

It went subpenny. Who in their right mind would not have taken profit with the anounce ment of a 2-year Quiet Period, a R/S, all of that?