Replies to post #181220 on Plastic2Oil Inc (PTOI)

[scion]

John Bordynuik Inc. - Common Shares Total Purchase Price ($) - 2,932,890.00

If almost $3 million was raised, shouldn't it have been shown in the 'coffers' of JBI Delaware(Expedite 2) when JBI DE bought John Bordynuik Inc (the Ontario company)?

John Bordynuik Inc. “Offering Memorandum (Form 45-106F2)

- the OSC offering memo.

Page 19
Item 4: Capital Structure

4.1 Share Capital

Number authorized to be issued: 400,000*

Number outstanding as at June 10, 2008: 180,002

Number outstanding after offering: 214,002

* The shares below reflect a 250:1 stock split between the public John Bordynuik Inc and private John Bordynuik Inc. Shares in private offering are purchased at $125.00 each but will be forward split to $0.50 each in a share exchange with our public company.

There then follows a list of 19 shareholders, shares owned and shares to be registered for sale.
[...]

Issue 32/20 - May 15, 2009 Issuer/Security -John Bordynuik Inc. - Common Shares

http://www.oscbulletin.carswell.com/bb/osc/bb/3220/on3220.htm

Ontario Securities Commission Bulletin
Issue 32/20 - May 15, 2009
Ont. Sec. Bull. Issue 32/20

Chapter 8 -- Notice of Exempt Financings

Reports of Trades Submitted on Forms 45-106F1 and 45-501F1

Transaction Date - 06/22/2008 to 08/05/2008

No of Purchasers - 19

Total Purchase Price ($) 1,469,265.00

No of Securities Distributed - 11,754.12

http://www.oscbulletin.carswell.com/bb/osc/bb/3220/on3220.htm

Issuer/Security John Bordynuik Inc. - Common Shares

Ontario Securities Commission Bulletin

Issue 31/49 - December 05, 2008
Ont. Sec. Bull. Issue 31/49
http://www.oscbulletin.carswell.com/bb/osc/bb/3149/on3149.htm