Replies to post #210934 on Plastic2Oil Inc (PTOI)

[MorningLightMountain]

Seems that JBII has no problem raising cash

I PIPE therefore I am.....(kind of like the penny stock version of the anthropic principle)......obviously, as long as there are shares to sell, there is existence.....

the problem has been MAKING cash, not more deficit!!!......selling ever lower priced shares (at a nice discount to market) for a $10/bbl process that STILL seems to need PIPE life-support for years after "commercial operations commencement" isn't exactly proof of concept!!!!!...so much for that 35% tax problem being the big issue.....

this PIPE was at 50 cents conversion...although actually saying fiddy cents must have seemed unattractive for some strange reason!!!!....7 for $3.50 is more aesthetic, I guess!!!...who comes up with these numbers, is something like 10 for $5 too easy to divide mentally????.....

PS: who knows, maybe it will only cost the Co $9.99 and 9/10 a cent per barrel!!!

[Imperial Whazoo]

Yeah... poor old JBII was only OVERSUBSCRIBED BY 300,000 UNITS!!

And they filled the financing (plus $1 million above the targets, as you correctly noted) in less than a month.

Yeah, rich people with high paid legal/accounting/financial talent at their beck and call, who have risk money looking for a home, sure did see JBII as a bad investment.... NOT!!

The chart has been basing for a while now. Boy howdy but is this thing ever primed to EXPLODE!!!

I kind of like the timing of the PR, too. After market, with narry a whisper to give it away ahead of time & just in time for a run to stage itself into the weekend and build into further upside next week.

And just prior to a long weekend (Monday is a holiday for the markets) to nurture the idea and get anyone unfamiliar with it up to speed.

I bet there is a lot of news coming out in the next month, such as:

#1) Jacksonville

#2) Name change for BRANDING PURPOSES

#3) Announcements about finished and in-the-process-of-completion machines

#4) Shipping announcements regarding the movement of machinery across country

I do like it when the groundswell of TRUTH becomes a flood. Truth is like an elixer of life, and the truth is that JBII is the real deal. And speaking of the beneficial aspects of a flood of truth....

...here in the southwest, one good thing about a gullywasher is it clears out all the accumulated garbage and deadwood.

Long time comin'

O:)

Imperial Whazoo