Replies to post #304008 on Plastic2Oil Inc (PTOI)

[lytnup]

The issue doesn't involve the percentage of outstanding shares owned....surely you know that.

Surely I don’t - several certifications filed for the past several years actually called for percentages, not share numbers. Perhaps the form changed, and it wasn’t read thoroughly. Readers can see for themselves
https://www.otcmarkets.com/stock/PTOI/disclosure

He screwed up the original filing by reporting a percentage of shares outstanding in a column entitled "Number of Shares Owned" so he replaced that filing with a corrected version. He should have advised OTCMarkets that it was an Amended filing and they would have moved the original filing into the Inactive status. Obviously he didn't do that, resulting in confusion on the part of thousands of shareholders (like you)....there can't be two Active filings reporting different data.

See answer above - apparently his filing of percentages over the years has gone un-noticed, until you discovered the dastardly deed. Well done!

It wouldn't surprise me to find out that Cap'n Dick wasn't regular in any fashion but this is a serious question based on filings that he was required to make. He signed them.

To paraphrase a movie quote:
“This word (serious) - I don’t think it means what you think it means”

I asked the question of the specific person I did because of questions that that person raised about sales made by the Flounder and CEO Heddle's predecessor who acknowledged making sales in Court testimony and in an interview with a reporter yet those sales remain questioned. I'd still like to hear from that person for obvious reasons, but I'd be happy just to have the question answered by anyone, preferably someone who won't try to lay something so critical off on a number of fat fingered boo-boos.

Again, to paraphrase:
“This word (critical) - I don’t think it means what you think it means”
And I chose to answer because it seemed like a good idea at the time, but I’m staring to regret it.

It's a simple question. How did he get from beneficially owning 7,000,000 share on 5/29/18 to beneficially owning 1,375,000 shares on 6/5/19 without selling any shares?

Or is the answer simple as well....he sold a boatload of shares and failed to report those sales.

I guess we’ll have wait and see if further corrections are made, or if somehow he managed to unload a “boatload” of shares between the 10K filing on 6/3/19 and the Certification filing on 6/13/19, unless of course he mis-stated his holdings in the 10K too.....

Anyone?

[jaxstraw]

There are issues with squaring both Directors totals also.
Aspin has approx half of what was reported in the recent 10K and the idiot cabinet maker looks somewhere at a 75% reduction.

What's that saying about when insiders sell ?

Is that good news or bad ?