Replies to post #21159 on Plastic2Oil Inc (PTOI)

[BRIG_88]

Perfect. Let him exit. Those shares will be bought up imo.

[ozzy89]

Well EP,

You have a long history of well thought out and presented posts. Glad to see you have the same concerns as I do and still holding long.

What do you think of all the connections to domark. Our lawyer Gregg Jaclin is on their board as of 17 mar 2009. Our accountant - Casey Walker (I know, she represents herself as Gately, she isn't).

[url][/url][tag]insert-text-here[/tag]httphttp://finance.yahoo.com/news/Attorney-Gregg-E-Jaclin-iw-14666818.html?x=1

And is John Wesson our new IR guy?

Ozzy

[dispoman]

Aren't there filing requirements for a 5% owner wanting to sell?

[Rawnoc]

John Bordynuik

Domark: We have nothing to do with Domark. Tom Kidd is a shareholder because he took JBII stock from the shareholders of Domark - a claim they may have against him. We cannot control share ownership. No employees of Domark work at JBII. I would not allow it. As far as Kidd goes -- if he does have any stock left (privat...e sales) -- he must hold for 12 months. I need some time with my kids.

[blueone]

If Kidd is supposedly in a lot of legal trouble, its possible he's been selling slowly since Sept., which would explain the "endless seller" in the 1.00 to 1.20 range...

wouldn't that be nice..

[laurap]

Thomas Kidd is my biggest concern for this stock going forward.

actually the over 3m .80 pipe shares coming off around 7/1 might prove to be a bigger problem near term. especially with the way jbii has been trading this month.

i am sure some shares will stay in strong hands, but to not expect a 30% cash out would not be wise, given the lack of buyers as of late, no p2o revs presently and the new pipe offering -

look forward to the q filing tomorrow!



Message in reply to:

Thomas Kidd is my biggest concern for this stock going forward. I believe he will sell a large portion of his shares immediately. Everything I have heard about him is quite negative. He is supposedly in a lot of legal trouble.

I am hoping that if JB has funds ready to do equity financing that he can maybe broker a deal between them and Thomas Kidd. Maybe that visit with MM's will be of some help for that? Those 3.5 million shares could crush this stock right now. Even if P2O is firing on all cylinders, it could put a cap on the upside action. Look what 1.5-2 million shares did to us at $1.