Replies to post #160854 on Plastic2Oil Inc (PTOI)

[AC416]

my guess would be after the permit amendment is approved (feb 6), we should see a pr that week about the status of processor 2 and 3...

my prediction is that both maybe complete at this point...another confirmation may come through the conference on feb 15...

the 24th is entrepreneur gala....

feb is going to be a busy month...

[Roth_IRA_3000]

Good point...original permit allows 2,000 per/hr and the building /construction of two more processors. Sooo this permit application request is for a much higher output and permission to run all 3 processors at the higher rate. 2/6/2012 is the milestone at this point and time IMO.

Go JBII Go

[arvitar]

John would say anything, true or not, that he thinks might help support the share price, as he has done in the past. That's why the SEC is prosecuting him on multiple counts of fraud.

"After looking at the complaint, I think that the SEC is likely to prevail. Bordynuik and Baldwin are accused of not only pumping the books but of then doing a large private placement based upon those numbers. Then, once the private placement was complete, the company announced the overstatement and adjusted the assets back to the appropriate level. I don’t think this is something that can be effectively defended."

http://serious-speculator.com/2012/01/11/jbi-inc-stock-unusually-strong-despite-sec-action-alleging-securities-fraud/