Replies to post #122762 on Plastic2Oil Inc (PTOI)

[NewMoney]

Yes we are aware of that. Thanks anyway. Hey how bout that whole shove free plastic in a hole and refined fuel pours out the other side thingy?

That's still pretty nice.

[Rawnoc]

Yup, non-cash accounting adjustments on paper only. Dats it? 24/7/365 research and digging up wild conspiracy theories and dats it?

The investigation is subsantially over and the SEC apparently found ZIP since the only thing apparently mentioned in the notice concerned non-cash accounting adjustments from back in 2009 that were withdrawn SIX WEEKS after the original audit was released.

[ID Supermoney]

That is no small accounting BOO BOO!!

The effect of this restatement to the financial statements is a decrease in total assets of approximately $11,507,000, an increase in net loss of approximately $2,179,000 and a decrease in equity of $11,809,000.

ID