Replies to post #195774 on Plastic2Oil Inc (PTOI)

[snowman220]

Thanks Rawnoc. The smart money Whales have been adding shares. Why not use any weakness to add more shares for the long term. The weak are easy to scare out of their shares.

[arvitar]

Good grief. If Bordynuik could have sold all those shares at $1.40 instead of $0.80, dontcha think he would have?

Dumping discounted shares via PIPEs are for crappy scams that have absolutely no other possible way to pay the bills.

[Artiztic1]

I wonder how many more free shares will be given out going forward?


Michael Dorrell received 375,000 free shares due to the make whole provision in the pipe he participated in.


Just dilutin'

Take Michael B. Dorrell from NYSE: BX for example -- he already owned close to 3 million shares then bought 125,000 more in the private placement

[ponzi_implosion]

And how do you know all of that?

The 1st Form 3/4 filed was this one.

http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8642956-1901-124588&type=sect&TabIndex=2&companyid=728366&ppu=%252fdefault.aspx%253fcompanyid%253d728366

[loanranger]

"Then there was the Glikbarg Revocable Trust. They bought 250,000 shares in the private placement then proceeded to hit the open market."

I hope not.
We've been through this. If they bought after the placement they did so while in possession of material non-public information in the form of the SAIC report and probably more.