Replies to post #26388 on Plastic2Oil Inc (PTOI)

[Zardiw]

Dude. They aren't even 144 shares:

Restricted securities are securities acquired in unregistered, private sales from the issuer or from an affiliate of the issuer. Investors typically receive restricted securities through private placement offerings, Regulation D offerings, employee stock benefit plans, as compensation for professional services, or in exchange for providing "seed money" or start-up capital to the company.

z

[Zardiw]

SO, they cannot come off restriction.......They were part of an acquisition.........and the terms were for one YEAR........z

[Zardiw]

You are trying to create the impression that 3.5M shares can be sold...that is wrong as you very well know. Maybe I can refresh your memory of Rule 144.

Trading Volume Formula. If you are an affiliate, the number of equity securities you may sell during any three-month period cannot exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange or quoted on Nasdaq, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing a notice of sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.

z