Why is the 10Q late? Because once again it will reveal that the latest carrot this turd has been dangling in front of investors is rotten to the core. There are no pending deals. There are no pending operations. There are no white knights coming to save this POS.
Sounds like classic Pinkese. "Staffing limitations" means that they can't find anybody stupid enough or crooked enough to sign off on a fraudulent filing.
This can't be the reason: "Plastic2Oil, Inc. (the “Company”) is unable to file its Quarterly Report on Form 10-Q for the period ended March 31, 2016 within the prescribed time period due to staffing limitations.