Replies to post #26140 on Plastic2Oil Inc (PTOI)

[dipinvester]

No, he likely struck a deal that was very much win-win. I'd sell at $130k if I had some serious skin in the game (ie shares).

We know JB likes dealing with people (JVs and employees) who have both tangible and intangible investments into JBII.

[mrdiamond]

sounds like there's more to that deal than being stated, don't you think?

[Slojab]

No, I think it was stated it cost $3M to outfit.

Big difference.

[grantg2]

Not to mention that the business site


had been used to produce income for many years, likely depreciated as an asset taking advantage of the US tax statutes, and the former owner is NOW a retired shareholder of JBII wanting to see an unused facility put back into use to the benefit of all!

Please correct me if this is not the case, 2bigcats... and thank you for your generosity and regard for the future welfare of all JBII shareholders!