Replies to post #26372 on Plastic2Oil Inc (PTOI)

[SteveF]

Then where did those 3.5 million shares go? The restriction comes off on Feb 26 regardless of who is holding them. We both know what's coming here.

[jimmenknee]

You are mixing apples with oranges Rawnoc lol...

Debt Settlement Agreement is for the 3.5 million shares

Assignment of Claims is for the litigation

On August 26, 2009, in a Debt Settlement Agreement by and between the Company and R. Thomas Kidd, any and all debt owed to Mr. Kidd for expenses, advances, or loans has been settled. The Company agrees to pay Mr. Kidd $150,000 cash and transfer 3.5 million shares of common stock of TRTN, OTCBB held by us.

Furthermore, the Company shall execute an assignment of all claims against Victory Lane Financial Elite, et al as known or shall become known in the course of the litigation entitled DOMK vs Victory Lane Elite, LLC, Costello, et al in the US District Court, Middle District of Florida, and the case in Tattnall County, Georgia. In addition, the parties shall execute an assignment of the repurchase agreement entered into by and between the Company and TRTN, OTCBB. Upon payment and assignment of TRTN shares and assignment of the Company's claims, Mr. Kidd shall surrender 111,438,394 common shares of Domark, to be returned to treasury and cancelled.

Be nice to actually get the proper context...