Replies to post #295274 on Plastic2Oil Inc (PTOI)

[loanranger]

"On January 15, 2016, the Company entered into a Surrender of Lease agreement which terminated its lease .. The premises was the site of the Company’s Regional Recycling Center, which was part of a business line that was discontinued by the Company in 2013"
Always good to be reminded of our failures.

"As of January 27, 2016, such agreements expired and were not renewed by the parties, however, the parties continue to pursue joint opportunities for the sale of processors to third parties."
Huh...same comment: Always good to be reminded of our failures.

"On February 11, 2016, Plastic2Oil, Inc., a Nevada corporation (the “Company”), issued a promissory note in favor of Richard Heddle"
Gotta love that fresh debt.

"on August 10, 2016, the Company sold to the Purchaser in a private placement (the “Note Financing”) a $100 thousand principal amount 12% Secured Promissory Note due August 10, 2021"
Huh...same comment again: Gotta love that fresh debt.

...and again:
On August 24, 2016, an additional $100,000 was received from investors from the sale of secured promissory notes in the previously disclosed private placement.
Gotta love that fresh debt.


"The “Definitive Agreement” is to be executed on or before November 25, 2016"
We'll see IF that happens and, if it does, WHAT it says.



But this is the most interesting regurgitation of them all:
"we have RH's acquisition @ EO June .. *fabrication* .. hmmm
The property was sold for $1.35 million on June 29, according to the property’s listing with the Ontario Land Registry Office."

The linked article also says:
"Heddle Marine declined to confirm it had acquired the property or comment on future plans. Heddle’s website describes the company as Canada’s leading marine repair facility with operations in Hamilton and Atlantic Canada. The deal is reported to also involve a Thunder Bay fabrication company, but that has not been confirmed."
So there's no confirmation that that abandoned bankrupt facility was bought by Heddle and even less of an established connection to "P2O/PTOI".


Good stuff!!!

[fourkids_9pets]

The “Definitive Agreement” is to be executed on or before November 25, 2016, with a subsequent date of closing (the “Closing Date”), to be mutually agreed to by Plastic2Oil, Inc. and the Southern US Company.

5 weeks and counting ..

here's to what P2O files next .. :)

4kids

[fourkids_9pets]

so let's see what time line is in place so far for P2O/PTOI currently in 2016

On January 15, 2016, the Company entered into a Surrender of Lease agreement which terminated its lease .. The premises was the site of the Company’s Regional Recycling Center, which was part of a business line that was discontinued by the Company in 2013

As previously reported, the Company Plastic2Oil, Inc. (the “Company”) entered into four related agreements with EcoNavigation, LLC (“EcoNavigation”) in connection with the supply of plastic-to-oil, or P2O, processors by the Company to EcoNavigation. As of January 27, 2016, such agreements expired and were not renewed by the parties, however, the parties continue to pursue joint opportunities for the sale of processors to third parties.

On February 11, 2016, Plastic2Oil, Inc., a Nevada corporation (the “Company”), issued a promissory note in favor of Richard Heddle, the Company’s President, Chief Executive Officer and Chairman of the Company’s board of directors, to memorialize various advances, not to exceed $200,000 in total, which are expected to be made by Mr. Heddle to the Company from February 11, 2016 until March 31, 2016.

link

we have 52 week low *reset* in early March from prior *reset* of early January

 52-Week Low 
 01/14/2016	0.02

to

 52-Week Low 
 03/01/2016	0.019

we have the first of two P2O Shareholder Updates' in 2016 .. issued in March (March 8, 2016)

link

we have the K (due in March) filed (albeit NT in advance) in April

link

we have RH's acquisition @ EO June .. *fabrication* .. hmmm

The property was sold for $1.35 million on June 29, according to the property’s listing with the Ontario Land Registry Office.

link

we have the first $100,000 infused in August by LL (August 8, 2016)

On August 8, 2016, Plastic2Oil, Inc., a Nevada corporation (the “Company”), entered into a Subscription Agreement (the “Purchase Agreement”) with Lawrence Leahy (the “Purchaser”), , pursuant to which, on August 10, 2016, the Company sold to the Purchaser in a private placement (the “Note Financing”) a $100 thousand principal amount 12% Secured Promissory Note due August 10, 2021 (the “Note”), together with a five-year warrant to purchase up to 100 hundred thousand shares of the Company’s common stock at an exercise price of $0.12 per share (the “Warrant”). The gross proceeds to the Company were $100 thousand.

link

we have CEs' oft traded 18500 (12500 + 1000 + 5000) .. ;) .. utilized to *reset* March's 52 week low (3rd *reset* for 2016).. just one day after LL's *$100,000 infusion* on August 9, 2016 .. hmmm

 52-Week Low 
 08/09/2016	0.018

P2O files a FORM D on August 24, 2016

link

we have P2O's second Shareholder Update issued in September (September 13, 2016)

link

we have P2O's 8K filed on September 19, 2016 noting:

The “Definitive Agreement” is to be executed on or before November 25, 2016, with a subsequent date of closing (the “Closing Date”), to be mutually agreed to by Plastic2Oil, Inc. and the Southern US Company.

On August 24, 2016, an additional $100,000 was received from investors from the sale of secured promissory notes in the previously disclosed private placement.

link

and @ the EO Sept I asked a chartist for their input on PTOI (stock)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125437916

====

just me .. but it certainly looks as tho' CEs' dilemma @ 10c .. is actually @ 5c.. of course that most likely
*cant* be proven until mr. methodical and conservative 8K's the DA and/or implements other material events in parallel

no wonder why decoys' utilized since late JULY have *boogied* .. i'm reminded that *reporting* for September's MM Monthly
out recently .. which noted NN's *significant* %s .. and that just one actual P2O investor picked off 40.55% out of NN's *efforts* .. ;)

oh my ..

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125655086

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125647285

August MM MONTHLY

July MM MONTHLY

be interesting to see what material event actually relocates NN via their *elastic* 10000 ask .. ;)

well it certainly wasn't the most recent filings out of P2O ..

FORM 4 FOR CFO was filed on October 31, 2016

link

and even more interesting is another $400,000.00 was sourced out of the $1M sought by RH in August (making it now $600,000 sourced out of $1M)

On October 18, 2016, the Company received additional gross proceeds of $400,000 from the sale of secured promissory notes in the previously disclosed private placement.

link

there are now less than 4 weeks till DA is 8K'd .. before then .. Q3 should be filed mid month
and MM Monthly for October 2016 .. will be *reported*

It will be interesting to see what %s are *reported* for NITE/CDEL/CSTI

30/30/30 perhaps or maybe 70/12.5/12.5

October 2016's *rough* volume = 1,292,991 (what no 1.1M~) .. ;)

lastly (sort of) .. YOY % thru EOY .. or why 5c is the CEs' new 10c .. ;)

note:

 
    11/05 ~ 0624    
    11/06 ~ 061    
    11/13 ~ 06    
    11/17 ~ 055    
    11/30 ~ 0489    
    12/02 ~ 0488    
    12/03 ~ 045    
    12/14 ~ 0449    
    12/16 ~ 0399    
    12/21 ~ 0379    
    12/23 ~ 0356    
    12/30 ~ 035

sux to be abusively UPSIDE DOWN with a legit OTC company's ability to execute ..


4kids