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fourkids_9pets

05/01/17 6:52 PM

#19827 RE: fourkids_9pets #19825

PTOI/Plastic2Oil CEO Provides Update to Shareholders

NIAGARA FALLS, NY -- (Marketwired) -- 05/01/17 -- Plastic2Oil Inc. (OTCQB: PTOI):

To our valued Plastic2Oil (P2O) shareholders:

In our previous letter to shareholders, we discussed reducing costs, securing additional financing, and developing key strategic partnerships. I am pleased to provide you with this update on these same themes.

Reducing costs and improving our cash position.

On March 31, 2017, we closed on the sale of our idle office building in Thorold, Canada. The net proceeds from the sale and the resulting reduction in monthly operating costs will provide working capital to sustain P2O operations over the next two quarters. We are also continuing to seek a lease customer for our Canadian blending facility, although it should be noted that closing on such a lease will very likely require that oil prices rebound and remain above $50 per barrel.

Negotiating a key strategic partnership.

In August 2016, we announced the signing of a memorandum of understanding (MOU) with a potential partner regarding the licensing of our technology and a potential sale of processor units. On March 26, 2017, the parties agreed to extend the term of the MOU to May 24, 2017. There can be no guarantee that a definitive agreement will be executed prior to expiration of the extended term of the MOU.

Robin Curtis, a pioneer in the implementation of plastic-to-fuel technology and a participant in the proposed partnership, recently noted: "The market opportunity for plastic to fuel is even more promising today than it was years ago. It appears evident that the Plastic2Oil technology solved the problems that had been encountered in our previous attempts to implement plastic to fuel technology. We now look forward to the opportunity to implement Plastic2Oil technology."

We are still in the process of negotiating a definitive agreement. If consummated, it is anticipated that the first site would house two P2O processors, and could eventually lead to deployment of P2O processors in 15 to 20 similar facilities. The initial purchase order will be for the two units currently in our inventory. Final assembly and testing of the units prior to shipping will require approximately six months from signing of the purchase order. Instrumentation and other necessary equipment will be secured prior to the shipping date. Several additional months will be required for installation after the units have been shipped.

We look forward to updating our shareholders upon the signing of a definitive agreement.

Other News.

Glenny and Maskell (Canadian insurance broker) settled on a lawsuit filed by Plastic2Oil, Inc., on May 25, 2012 at the Ontario Superior Court of Justice, seeking damages consisting of the costs of defense and any damages that may be awarded against the Company, former CEO John Bordynuik, and former CFO Ron Baldwin in the Class Action and in the SEC Action. The case was settled in the US with ACE (Insurance carrier) in or about May 2013, pursuant to what is known as a "Mary Carter" (confidential) settlement. The net proceeds from this settlement will be used for working capital to sustain P2O operations over the next two quarters.

Looking Ahead.

The above developments are part of our ongoing and successful transformation of the firm's financial profile by proactively managing our cost structure, judiciously managing our capital, and significantly adjusting both compensation levels and fixed expenses. In another important development, we look forward to strengthening our governance structure by adding three new outside Directors to our Board in the near future.

I want to offer my personal thanks for the extremely valuable contributions made by our employees, management, Board of Directors, and investors. I also look forward to seeing you and sharing further developments at our 2017 annual stockholders meeting, planned for late this year. Formal notice and other details of the meeting will be presented in our proxy statement, which will be made available to our stockholders and filed with the Securities and Exchange Commission. Thank you for your continued support.

Richard Heddle
Plastic2Oil, Inc., CEO & President

About the Company

Plastic2Oil, Inc. ("P2O") is an innovative North American fuel company that transforms unsorted, unwashed waste plastic into ultra-clean, ultra-low sulphur fuel without the need for refinement. The Company's patent-pending Plastic2Oil® (P2O®) is a proprietary, commercially viable, and scalable process designed to provide immediate economic benefit for industry, communities, and government organizations faced with waste plastic recycling challenges.

With its revolutionary P2O technology, P2O has pioneered a process that has the ability to change the way the world handles waste plastic and plastic recycling. P2O is committed to environmental sustainability by diverting plastic waste from landfill and potential incineration.

The Company is also committed to the creation of green employment opportunities and a reduction in the cost of plastic recycling programs for municipalities and business.

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes at www.otcmarkets.com/stock/PTOI/quote.

FORWARD-LOOKING STATEMENTS

The information presented in this Press Release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties. Forward-looking statements include, but are not limited to, statements with respect to management's current beliefs, plans, strategies, objectives, goals and expectations, including expectations about the future financial or operating performance of Plastic2Oil, Inc. (the "Company") and its projects, sales, vendor and customer contracts, capital expenditures, capital needs, government regulation of the industry, environmental risks, limitations of insurance coverage, and the timing and possible outcome of regulatory matters, including the granting of patents and permits. Words such as "expect", "anticipate", "intend", "attempt", "may", "will", "plan", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking statements. The potential risks and uncertainties that could cause actual results to differ materially from those expressed, implied or forecasted herein may include, without limitation, risks associated with general business, economic, competitive, political and social uncertainties; risks associated with changes in project parameters as plans continue to be refined; risks associated with failure of plant, equipment or processes to operate as anticipated; risks associated with accidents or labor disputes; risks associated in delays in obtaining governmental approvals or financing, or in the completion of development or construction activities; risks associated with financial leverage and the availability of capital; risks associated with the price of commodities and the inability of our Company to control commodity prices; risks associated with the regulatory environment within which our Company operates; risks associated with litigation including the availability of insurance; and risks posed by competition. The forward-looking statements in this press release are made as of the date of this press release. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

The Company urges readers of this press release to consider carefully the disclosures in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K, which was filed on April 7, 2017.

Contact Information

Plastic2Oil, Inc.
20 Iroquois Street
Niagara Falls, NY 14303
Direct 716-278-0015
Source: Plastic2Oil Inc.


https://www.einpresswire.com/article/378833621/plastic2oil-ceo-provides-update-to-shareholders

4kids

fourkids_9pets

06/04/17 5:52 PM

#19875 RE: fourkids_9pets #19825

PTOI .. tape of trades .. May 2017


Volume Dec 2016 (last time one day volume above 500,000) = 2,298,065

note the next 4 months of volume = 1,982,462

Jan 2017 = 511,955
Feb 2017 = 507,372
Mar 2017 = 621,468
Apr 2017 = 341,667


http://otce.finra.org/MonthlyShareVolume

=====

*rough* volume count* for May 2017 = 1,975,943
(MM Monthly reported to Finra next week)


May 2017 trades .. note 52 week reset bypassed bids above the reset PPS
but then what else is new .. what is really interesting is seeing the
last day PTOI had *volume* (Dec 2016) vs this round ..



5.31.2017


15:11:55 0.025 9400 OTO
15:11:55 0.025 4600 OTO
15:11:55 0.025 1600 OTO
15:11:55 0.026 1000 OTO
13:57:50 0.02 12500 OTO
13:57:24 0.02 5200 OTO
13:57:23 0.02 1300 OTO
13:57:14 0.022 960 OTO
13:26:46 0.0183 1881 OTO
13:18:20 0.0183 2159 OTO
10:33:29 0.0289 20000 OTO
10:05:01 0.0287 10000 OTO
09:59:05 0.0288 1100 OTO
09:59:03 0.0287 5700 OTO
09:59:03 0.0247 6200 OTO
09:50:00 0.017 20000 OTO
09:49:58 0.018 40000 OTO
09:49:56 0.018 50000 OTO
09:49:55 0.018 50000 OTO
09:49:53 0.0171 26500 OTO





5.30.2017


15:35:03 0.0208 3000 OTO
13:50:55 0.0278 10000 OTO
13:01:41 0.022 10000 OTO
13:01:40 0.022 27500 OTO
12:51:27 0.0207 1800 OTO
12:51:17 0.022 17500 OTO
12:17:49 0.0207 10000 OTO
11:35:00 0.022 1400 OTO
11:35:00 0.022 3600 OTO
11:20:41 0.022 6200 OTO
11:15:32 0.022 8800 OTO
11:15:32 0.023 9100 OTO
11:15:31 0.0207 17576 OTO
11:15:31 0.0208 11376 OTO
11:15:31 0.0226 6200 OTO
10:31:58 0.0209 1000 OTO
10:28:14 0.0285 10000 OTO
09:34:47 0.0205 525 OTO
09:30:05 0.0151 5000 OTO




5.26.2017



13:40:02 0.03 14000 OTO
13:40:02 0.03 8000 OTO
13:40:01 0.03 14000 OTO
13:39:59 0.03 7700 OTO
13:38:43 0.03 20000 OTO
13:38:43 0.03 76751 OTO
13:38:33 0.031 38148 OTO
13:38:31 0.031 10000 OTO
13:32:22 0.0311 10000 OTO
13:30:51 0.031 10000 OTO
13:28:17 0.031 10000 OTO
13:26:16 0.031 10000 OTO
13:19:31 0.031 10000 OTO
13:17:33 0.031 10000 OTO
13:15:39 0.031 10000 OTO
13:10:43 0.031 10000 OTO
13:05:57 0.031 10000 OTO
12:51:41 0.031 10000 OTO
12:49:03 0.031 10000 OTO
12:46:37 0.031 10000 OTO
12:12:33 0.031 10000 OTO
12:10:35 0.031 10000 OTO
12:08:35 0.031 10000 OTO
12:06:25 0.031 10000 OTO
12:00:37 0.0315 10000 OTO
11:41:00 0.0311 10000 OTO
11:36:14 0.0311 10000 OTO
11:26:33 0.0311 9900 OTO
11:26:24 0.0311 100 OTO
11:18:35 0.0311 10000 OTO
11:15:52 0.0311 6500 OTO
11:15:48 0.0311 3500 OTO
10:47:40 0.0311 10000 OTO
10:44:57 0.0311 10000 OTO
10:31:35 0.0311 10000 OTO
10:27:00 0.0311 10000 OTO
10:25:22 0.0311 10000 OTO
10:24:06 0.0311 10000 OTO
10:22:48 0.0311 10000 OTO
10:21:12 0.0311 10000 OTO
10:10:26 0.0311 10000 OTO
10:09:00 0.0311 10000 OTO
09:39:22 0.031 10000 OTO
09:39:12 0.031 10000 OTO
09:36:44 0.031 10000 OTO
09:35:45 0.031 10000 OTO
09:34:24 0.0372 1000 OTO
09:34:24 0.0368 9000 OTO
09:34:18 0.032 1400 OTO
09:34:18 0.033 8600 OTO
09:32:27 0.031 552 OTO
09:30:04 0.03 22149 OTO
09:30:04 0.0301 27149 OTO




5.25.2017


15:54:02 0.0311 10000 OTO
15:41:51 0.0311 16300 OTO
15:41:51 0.0311 3700 OTO
12:34:59 0.0346 10000 OTO
12:30:32 0.0346 10000 OTO
12:29:16 0.0346 10000 OTO
12:27:57 0.0346 10000 OTO
12:26:07 0.0346 10000 OTO




5.24.2017


15:53:08 0.0375 5000 OTO
15:52:10 0.0351 5000 OTO
10:39:18 0.035 10000 OTO
10:28:45 0.0352 10000 OTO
10:26:51 0.0315 10000 OTO
10:24:21 0.0352 10000 OTO
10:14:35 0.0316 1000 OTO
10:14:35 0.0338 9000 OTO
10:14:34 0.0316 1000 OTO
10:14:34 0.0338 9000 OTO
10:12:31 0.0357 10000 OTO
10:10:56 0.0357 10000 OTO
10:09:31 0.0357 10000 OTO
10:04:37 0.0315 2000 OTO




5.23.2017


14:16:35 0.0389 10000 OTO
14:16:35 0.035 10000 OTO
14:14:59 0.0389 10000 OTO
14:14:59 0.035 10000 OTO
14:03:57 0.0389 10000 OTO
14:03:57 0.035 10000 OTO
14:02:34 0.0389 10000 OTO
14:02:33 0.035 10000 OTO
11:50:15 0.035 10000 OTO
11:47:22 0.035 3400 OTO
11:47:15 0.035 6600 OTO
09:57:46 0.0321 10000 OTO
09:56:13 0.0321 10000 OTO





5.22.2017



12:50:56 0.035 4900 OTO
12:50:47 0.035 5100 OTO
09:36:55 0.035 6200 OTO
09:36:55 0.035 3800 OTO





5.19.2017


15:25:04 0.038 10089 OTO
11:22:30 0.038 9100 OTO
11:22:30 0.038 900 OTO
11:22:30 0.038 4100 OTO
09:30:03 0.035 247 OTO





5.18.2017



14:18:44 0.0399 4000 OTO
12:24:08 0.035 6400 OTO
12:24:08 0.0361 6400 OTO
12:24:08 0.035 3600 OTO
12:24:08 0.0361 3600 OTO
10:33:36 0.035 4971 OTO





5.17.2017


11:25:12 0.031 60 OTO
11:25:12 0.031 60 OTO
11:23:58 0.0311 4720 OTO




5.16.2017



15:47:29 0.033 2300 OTO
15:18:52 0.0343 250 OTO
15:05:39 0.034 21200 OTO
15:05:34 0.034 3600 OTO
15:05:32 0.034 18800 OTO
15:05:27 0.0345 10000 OTO
14:43:03 0.034 7200 OTO
14:43:03 0.034 8700 OTO
14:43:03 0.036 9100 OTO
14:23:24 0.0341 10000 OTO
13:22:50 0.034 2000 OTO
13:22:50 0.034 2000 OTO
09:41:59 0.0333 450 OTO
09:41:17 0.0333 3610 OTO




5.15.2017


15:59:38 0.0333 911 OTO
09:31:57 0.0444 8250 OTO





5.12.2017


13:30:07 0.0437 1000 OTO
12:58:59 0.0449 2250 OTO
12:58:55 0.0449 6000 OTO
10:16:00 0.0449 500 OTO
10:15:58 0.044 1500 OTO
10:15:53 0.041 2000 OTO
10:15:53 0.0449 2700 OTO




5.11.2017


15:59:28 0.0393 911 OTO
15:58:40 0.043 10000 OTO
15:58:40 0.04 5000 OTO
15:41:59 0.0426 10000 OTO
14:05:53 0.0325 12825 OTO
14:05:53 0.0326 10000 OTO
14:05:52 0.0326 15000 OTO
14:05:52 0.041 20675 OTO
13:34:37 0.042 25000 OTO
13:34:37 0.042 17300 OTO
12:58:41 0.045 8000 OTO
11:03:41 0.041 200 OTO
11:02:33 0.041 3125 OTO
11:02:33 0.041 3125 OTO




5.10.2017


15:42:21 0.04 3600 OTO
11:40:04 0.038 150 OTO
10:19:51 0.044 8000 OTO





5.9.2017


15:43:51 0.04 2304 OTO
15:43:43 0.041 4000 OTO
15:43:42 0.04 10000 OTO
14:37:33 0.04 350 OTO





5.8.2017


12:22:16 0.045 1000 OTO
11:42:24 0.045 2500 OTO
11:42:24 0.0439 2500 OTO
11:27:23 0.0425 825 OTO
10:11:47 0.045 911 OTO
09:41:53 0.0425 1165 OTO
09:30:01 0.0321 2463 OTO
09:30:01 0.0386 976 OTO





5.5.2017


15:57:20 0.0386 10000 OTO
15:47:27 0.0386 5000 OTO
15:45:42 0.0386 5000 OTO
15:42:08 0.0377 5000 OTO
12:49:43 0.045 6658 OTO
12:49:17 0.045 13342 OTO
10:41:38 0.0385 10000 OTO
10:25:40 0.042 11650 OTO
10:25:19 0.042 6850 OTO




5.4.2017


10:43:12 0.0456 2400 OTO
10:43:12 0.0456 100 OTO
10:06:03 0.042 13150 OTO
10:06:03 0.043 24000 OTO
10:06:02 0.043 12850 OTO





5.3.2017


15:35:15 0.0475 2000 OTO
15:35:10 0.0475 6696 OTO
15:35:09 0.047 2000 OTO
15:35:06 0.0475 6180 OTO
13:39:51 0.048 4100 OTO
10:30:16 0.0485 516 OTO
10:20:32 0.0426 7842 OTO
10:20:32 0.0427 500 OTO
10:20:32 0.0456 7842 OTO





5.2.2017


11:52:12 0.0426 1600 OTO
11:52:11 0.0425 1600 OTO
09:54:19 0.049 200 OTO
09:54:19 0.0475 200 OTO
09:41:07 0.049 151 OTO
09:41:07 0.048 600 OTO
09:41:06 0.0475 751 OTO




5.1.2017



15:47:05 0.049 2017 OTO
15:33:53 0.0425 550 OTO
13:24:49 0.049 8999 OTO
12:25:31 0.049 15051 OTO
12:25:31 0.0485 11500 OTO
12:25:28 0.0485 6449 OTO
12:25:07 0.048 27000 OTO



======

as noted .. the last time *volume* went above 500,000 on PTOI it
was the day after the TMR analyst report was posted on this SMB
(12.22.2016)

here is that day's tape of trades .. (12.23.16)


15:59:40 0.0334 911 OTO .. note time stamp and *marked*
15:46:54 0.0267 3000 OTO .. hidden (mirrors 400 + 2600)
14:06:58 0.0251 400 OTO .. seriously
13:34:33 0.032 10000 OTO
13:34:25 0.0321 2600 OTO .. long's balance
13:18:11 0.0325 2000 OTO
13:18:11 0.0321 10000 OTO ** long's partial
13:17:40 0.0322 10000 OTO
13:17:40 0.0322 10000 OTO
11:53:54 0.0322 2500 OTO
11:33:06 0.0323 15000 OTO ** long's
11:33:04 0.0322 10000 OTO
11:33:02 0.0325 51000 OTO .. (5 sets of 10k/s or 2 sets of 25k/s and 1000)
11:32:59 0.0325 30460 OTO .. *marked*
11:01:15 0.0322 25000 OTO .. mirrors long's 25000
10:13:16 0.0335 2050 OTO ..
10:12:06 0.03285 750 OTO .. hidden
09:47:08 0.0322 25000 OTO .. long's (most likely marked)
09:47:08 0.0325 178850 OTO .. hidden
09:44:16 0.0325 140750 OTO .. hidden (10000 + 28100 + 140750 = 178850)
09:44:14 0.033 28100 OTO .. @ bid
09:44:14 0.033 10000 OTO ** long's GTC @ bid




http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127422751

note the hod and lod .. and vol avgs ..

Detailed Quote:PTOI
PLASTIC2OIL INC
0.0334Down -0.0016 (-4.57 %)AS OF 3:59:40PM ET 12/23/2016



Last Trade 0.0334
Trade Time 3:59:40pm ET

Change -0.0016
% Change -4.57%


Open 0.033
Day High 0.0335
Day Low 0.0251
Previous Close
12/22/2016 0.035

52-Week High
09/13/2016 0.07

52-Week Low
08/09/2016 0.018


Price Performance (Last 52 Weeks)
12/22/2016 +5.42%


Volume 568,371
Volume (10 day Average) 70,325
Volume (90 day Average) 76,332



and here is the data for May 26th ..


Detailed Quote:PTOI
PLASTIC2OIL INC
0.03Down -0.0011 (-3.54 %)AS OF 1:40:02PM ET 05/26/2017


Last Trade 0.03
Trade Time 1:40:02pm ET

Change -0.0011
% Change -3.54%


Open 0.0301
Day High 0.0372
Day Low 0.02997
Previous Close
05/25/2017 0.0311

52-Week High
09/13/2016 0.07

52-Week Low
08/09/2016 0.018


Price Performance (Last 52 Weeks)
05/25/2017 +1.20%


Volume 618,449
Volume (10 day Average) 50,457
Volume (90 day Average) 30,956



4kids