Replies to post #184319 on Plastic2Oil Inc (PTOI)

[tykundegex]

LOL. Slowly indeed...

"Filer intends to make monthly sales at market prices on the first Friday of each month in an amount of shares that will yield gross proceeds of approximately $3,000"

So at the current share price, Mr. Wesson will have sold all his shares in a mere 18 years! Run for the hills JBI longs!!

Meanwhile Wesson is slowly liquidating shares via a series of planned sales.

[Street Smarts]

Wrong....he just bought a ridiculous number of shares.

http://jbii.ir.edgar-online.com/fetchFilingFrameset.aspx?FilingID=8625306&Type=HTML

[NewMoney]

The only insider sells on record are 2200 shares Jan 2-8 and another 2203 shares on Aug 8, 1011 to Aug 14 2011.

But thats for one year back according to etrade.

Can you link me to other insider sells, I'll pass that info on to my broker and tell them they have it wrong.

EDIT: Yahoo finance has nothing either. It looks like insider dumping equals....let me add this up........


wait for it......



nuttin'

zip

zero.

tic toc.......

[loanranger]

Planning doesn't seem to be Mr Wesson's forte.

This was the first reported planned monthly sale, made in January:
"( 1 )Filer intends to make monthly sales at market prices on the first Friday of each month in an amount of shares that will yield gross proceeds of approximately $3,000. Such arrangement is not pursuant to a formal prearranged trading plan Rule 10b5-1 of the Securities Exchange Act of 1934 and may be changed at any time."
http://sec.gov/Archives/edgar/data/1381105/000121390012000104/xslF345X03/f4010612wesson_jbi.xml

That was also his last monthly planned sale.

http://sec.gov/cgi-bin/browse-edgar?CIK=0001485143&action=getcompany