Replies to post #191483 on Plastic2Oil Inc (PTOI)

[Rawnoc]

Absolutely dead wrong, as loanranger already proved.

(1) loanranger posted the regulation that said Private Placement people can have access to material non-public info.

(2) It has to be material info that wasn't previously made public. If the NYSE: SAI reported cost information/estimates that said the cost per barrel was under $10 per barre, that's already public information. Interestingly, JBII hasn't retracted that $10/barrel claim since the NYSE: SAI report. What gives? ;)

[clu82]

If any investor was given information by JBI that wasn't made publicly available, then it is insider trading.

I'm pretty sure you're wrong:

"Insider trading is the trading of a corporation's stock or other securities (e.g. bonds or stock options) by individuals with potential access to non-public information about the company."

Notice the word "trading"? There is nothing wrong with having insider information. If you were to TRADE on that info, then you might have a problem.

http://en.wikipedia.org/wiki/Insider_trading