Replies to post #44770 on Plastic2Oil Inc (PTOI)

[goodboy2]

Of course, you based that on an unqualified basis of yesterdays values, correct? Not to mention assumptions, correct ?

Save us the grief and dribble and buy some of the float, be happy JBII is a good company for the environment, jobs and world business endevours.

[Rawnoc]

Actually we may see a large bump up in acquisiton assets.

There were debt to pipe conversion shares in connection with the PAK-IT acqusition. If they used .80 as the purchase price it would be wrong under new 2009 GAAP rules. The purchase price would be much higher resulting in an increase in goodwill, an intangible asset that nobody gives a shit about, but it may get raised anyway. Also there was no goodwill recorded for the tape business. Add another $1 million or so in goodwill.