Replies to post #71084 on Plastic2Oil Inc (PTOI)

[Zardiw]

It IS true. This was verified by the CEO on FB I believe..AND the filings give evidence of this as well.......z

[Zardiw]

And if you go back to posts from that era, you will SEE many that refer to PIPE holders buying when the price was BELOW $4.........z

[scion]

JBI, Inc. Completes Private Placement

NIAGARA FALLS, Ontario, May 21, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBII) has completed a private placement. A total of 488,779 shares were sold at $4.00 per share allowing the Company to raise a total of $1,955,116.

JBI CEO John Bordynuik commented, "The money raised in this placement will allow JBI to run all continuing operations and support development of our Plastic2Oil rollout."
[...]

http://www.globenewswire.com/newsroom/news.html?d=192513

I tried to find the PR, but it seems to have vanished. It is dated May 21.