Replies to post #136223 on Plastic2Oil Inc (PTOI)

[loanranger]

We don't really know what formed the basis for "the indemnity in the Letter Agreement between the Parties dated July 14, 2011".

And we don't know if RockTenn was aware of the Wells Notice when they signed that agreement.

We do know that RockTenn had to be aware of the Wells Notice when they signed the Master Revenue Sharing Agreement.

I don't know what to think of that. Apparently RockTenn felt that the value of the MRSA outweighed any public image concerns that they might have with being associated with a company that could be sued by the SEC at any point. Of course, in the absence of any agreement addenda, that association remains tentative and that fact may have given RockTenn some comfort. It's hard to tell what their thought process was when they signed the MRSA.