Replies to post #146225 on Plastic2Oil Inc (PTOI)

[fourkids_9pets]

lol .. solid as in bedrock ..

tic toc

==
4kids
all jmo

[Toxic Avenger]

Interesting. They burned through about 2.5 million in cash last quarter and had just about that in cash at the end of the quarter.
But either way, I suspect it signals another PIPE shortly.
The question now is, what will the price need to be to attract investors this time.

[scion]

Confirmed with the TA. Now the OS is back where it was at the end of Q3 but with 1,260,254 more shares in the float. There are also 10+ mill more restricted shares waiting to become free-trading today than there were 6 months ago.

- from another board.

1. On November 29, 2011, John Bordynuik returned 3,000,000 shares to treasury. The Company will use these shares to compensate employees and new executive hires, in addition to offsetting shares issued for financing, while maintaining existing shareholder value.

http://www.sec.gov/Archives/edgar/data/1381105/000121390011006519/xslF345X03/f4112911bordynuik_jbi.xml

[Steady_T]

Could mean that the CEO is taking care of the shareholders.

Could mean that the company is in better hands than some would have us believe.

Could mean that the CEO believes that he will make plenty of money off of his remaining shares.

Could be a very thoughtful move on JB's part to show his personal commitment to the success of the company.