Replies to post #282283 on Plastic2Oil Inc (PTOI)

[loanranger]

"But at the end of it no results were revealed so I can only assume it did not reveal the theory to be true."

Of course it didn't reveal the theory to be true. It's a cockamamie theory :o)

The last Annual Meeting had a potential share vote of (round numbers) 206 million shares.....90M common o/s + 100M JB Preferred A + 15M Preferred B.
http://www.sec.gov/Archives/edgar/data/1381105/000121390013005908/0001213900-13-005908-index.htm


From the filing reporting the results:
"A quorum was present at the Annual Meeting, consisting of holders of 142,914,333 votes of the voting stock of the Company, representing 69.3% of the Company’s outstanding voting power, which were represented in person or by proxy."
http://www.sec.gov/Archives/edgar/data/1381105/000121390013007223/f8k121013_jbi.htm


All it would have taken was another 64,000,000 votes or so represented in person or by proxy and the theory might have been worth thinking about. A mere 64,000,000 or so short. The *< <ROCK the VOTE> >* and find the bogeyman campaign fell through.

[janice shell]

Now to be clear, if this naked short theory creating markers theory is true there are would be other scenarios that would be distorted; not just the proxy vote.

Yes. There would have been at least a few of those MOASSes people are always talking about.