Replies to post #269715 on Plastic2Oil Inc (PTOI)

[BigBake1]

Pure bullshit, further with the new name and CUSIP where is all of this covering that should be occurring? Fact is there are no delivery issues with this crappy security, it is a total flop as a business and it diluted the share structure along the way. It is here because of it's own actions and has nothing to do with any external entity manipulating the price or stock transactions.

The FTD report makes it clear, there are 0 delivery issues here. The two Treshold events were tied to PIPE Financiers selling their security before the restricted legend was removed. They used an exception under SEC Rule 203 which allowed them to naked short shares into the market while delivering at a later date within 35 days.

Rule 203(b)(2)(ii) provides an exception from the uniform locate requirement for situations in which a broker-dealer effects a sale on behalf of a customer that is deemed to “own” the security although, through no fault of the customer or the broker-dealer, it is not reasonably expected that the security will be in the physical possession or control of the broker-dealer by the settlement date. Footnote 71 of the Adopting Release states that one such situation is where a customer owns stock that was formerly restricted, but presently may be sold pursuant to the provisions of Rule 144 under the Securities Act of 1933 (17 CFR 230.144). Rule 144 securities may not be capable of being delivered on settlement date due to processing to remove the restricted legend. In such situation, delivery should be made on the sale as soon as all restrictions on delivery have been removed, and in any event within 35 days after trade date. If delivery is not made within 35 days after the trade date, the broker-dealer that sold on behalf of the person must either borrow securities or close out the open position by purchasing securities of like kind and quantity.

Shareholders should be focusing on the failure after failure here of this so called business. Bottom line it is over priced currently and if they ever file that Q before the next Q goes delinquent you can bet on Shareholders that rely upon Rule 144 are going to sell as soon as they can.

[fourkids_9pets]

colluding entities and *electronic* swappage via brokerages

partial cover will be initially triggered by seating of an indy BoD
it's the signal to *colluding* entities that uplist out of the cesspool (aka OTC)
re: P2O .. is commencing

oh the ironies

4kids
all jmo

[MorningLightMountain]

I wonder if they will start listing them in the late filings????.....Lord knows, they need all the assets they can get!!!!

few realize that one of the largest assets a legit OTC company has that can uplist from the cesspool
are those abusively shorted shares

PS: isn't the above a paradox????....."legit OTC Co", yet all kinds of shenanigans going on, AS USUAL with a pink sheet.....of course, if not legit, problem solved....

[XenaLives]

A very interesting observation from 4Kids ...

"few realize that one of the largest assets a legit OTC company has that can uplist from the cesspool are those abusively shorted shares (JBII >> 5 years and counting)"

Let's take it a step further - if a well connected entity decided to uplist, knowing that a lesser connected entity was critically net short, do you think they'd pause for a minute to pull the trigger?

If P20 uplists with the proper "street" backing the current crew is sooooo screwed.

Interesting scenario, don't you think 4Kids?

[fourkids_9pets]

JBII>> 6.17.14

 Previous Close 
 06/17/2014	0.11 
 52-Week High ** keep watching  
 06/28/2013	0.51 
 52-Week Low 
 01/14/2014	0.06 
  
 Price Performance (Last 52 Weeks)  ** keep watching  
 06/17/2014	-76.60% 
  
 Volume	0 
 Volume (10 day Average)	181,955 
 Volume (90 day Average)	125,508

what is the *value* of 37M to 62M JBII shares?

ponder the possibilities

4kids
all jmo

[glnetadm]

4kds! Good Job!
Nothing free in America, so to my time in here!

[fourkids_9pets]

thx for the reminder re: JBII .. ;)

what is the *value* of 37M to 62M JBII shares?

ponder the possibilities

4kids
all jmo