Replies to post #276723 on Plastic2Oil Inc (PTOI)

[agribusiness72]

6 months old, means nothing then, means nothing now, just more bs.

[Risicare]

No actually not, I highly suggest reading the SEC filings instead of relying on the blatant, obvious lies of scammers. The thing is that in the two subsequent 10Qs the company directly says the processors are broken. A mere two weeks after issuing that PR the company themselves showed the PR to be materially false and misleading. Their clear statement that the processors are broken is as strong as it gets. Funny how they never bothered to explain how the processors were fixed and then they were not. I guess lies are the standard for the company.


http://www.sec.gov/Archives/edgar/data/1381105/000126493114000369/jbi10q_r.htm
"The Company had to shut down its production late in the fourth quarter of 2013 due to severe cold weather that caused damage to condensers and other components of our processors. Management estimates that the repair of the processors will require the expenditure of between $175,000 and $200,000. At July 28, 2014, we lacked the working capital or access to bank credit to make these repairs. We are reviewing our financing options, including the sale of shares of our common stock or other securities, in order to allow us to obtain sufficient funds to make the required repairs and resume operation of our processors. Management currently anticipates that the processors will remain idle at least until the third quarter of 2014



http://www.sec.gov/Archives/edgar/data/1381105/000126493114000474/plastic2oil10q.htm
"The Company shut down its fuel production late in the fourth quarter of 2013 due to severe cold weather that caused damage to condensers and other components of its processors. Management estimated that the repair of the processors will require the expenditure of between $175,000 and $200,000. As of the date of this report, the Company lacked the working capital or access to bank credit to make these repairs. The Company is reviewing its financing options, including the sale of shares of its common stock or other securities, in order to allow it to obtain sufficient funds to make the required repairs and resume operation of its processors. Management currently anticipates that the processors will remain idle at least until the first quarter of 2015. "