Replies to post #125786 on Plastic2Oil Inc (PTOI)

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IMPAIRMENT OF ASSET 8,997,134

This is also in the 10K for the period ending 5/31/2009. Domark wrote down the media asset. Domark said the prepaid asset was valued at 1,002,866 as of 5/31/2009.

JBI acquired them in late August, and showed them on their 10Q as of 9/30/2009:

Media Credits 9,997,134

Neat accounting trick!