Replies to post #53910 on Plastic2Oil Inc (PTOI)

[laurap]

At the AGM, I was the one that asked about future financing and they did give me what I considered an evasive answer. Their CFO replied specifically that they could not rule out another PIPE offering but they hoped not to. I was angry when I found out that they were actually doing a PIPE at the same time as their CFO answered my questions. I questioned JB about this and he said regulations prevented them from answering this question directly at the time. I doubted that and I still have concerns about this event.

do you feel the company has the cash to roll out p2o to a profit for shareholders?

[PaperProphet]

Re:<"At the AGM, I was the one that asked about future financing and they did give me what I considered an evasive answer. Their CFO replied specifically that they could not rule out another PIPE offering but they hoped not to. I was angry when I found out that they were actually doing a PIPE at the same time as their CFO answered my questions. I questioned JB about this and he said regulations prevented them from answering this question directly at the time. I doubted that and I still have concerns about this event.">

Yes, that was definitely underhanded. Then there is Mr. Bordynuik who named Somerset refinery as a willing customer--without any indication that they closed down months earlier. I'm sure many shareholders relied on that statement when they made their stock purchase. Since that went away, JBII is just another company doing pyrolysis and showing gasoline- and diesel-range alkanes in the resulting liquid. The difference is that JBII currently has a $60 million market cap based on the statements John made about the liquid being salable to refineries.

As I often say, honesty is of paramount importance in a person running a penny stock. So much that the mere fact that they incorporate in Nevada or retain controlling ownership is a statistical no-no and the stock should be avoided.

Mr. Bordynuik has autonomous control over any and all investment money put into JBII and he even dictates his own salary. He 'earned' this level of responsibility merely by paying $80,000 for a shell. It's a really big red flag that he's disingenuous.

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[Zardiw]

Fwiw, I've heard atty's do group opinion letters for people and that would result in a reduced cost......z

[Zardiw]

Ridiculous and beyond belief that a guy who deals with the likes of NASA, MIT, US Army, United Nations, Major Oil Companies, AND worked at the Ontario Legislature for 10 years could be anything but a stand up, respectable, and honest man........give me an effing break...........z

[MrGekko]

You did not invest in the Pipe and I am calling you out on that. Cert no.???