Replies to post #215400 on Plastic2Oil Inc (PTOI)

[arvitar]

My bigger fear would be that JBI has been buying and stockpiling large amounts of plastic over the last few years and hiding the expenses. The idea would be an internal coverup to one day start running the machines (perhaps in the last quarter) using this previously paid for plastic and showing a substantial profit in that quarter, but conveniently hiding the actual cost which is buried in past expenditures of previous quarters.

That's a great idea. Generating fake profits in this way would produce one final large spike before the scam completely collapsed, allowing all the players to dump the remainder of their worthless shares for piles of money.

I don't think Bordynuik or anyone else at JBI would have the skills to pull it off though. I think blending one drop of JBI-goo with regular fuel and selling it as P2O is an easier way for them to increase revenues.

[NewMoney]

Interesting. So even though a massive investigation by the SEC to uncover a stock selling scam which would force them to disgorge ill gotten gains, resulted in no fraud found and no disgorgement, you think during that whole time, we were able to fool government investigators and hide the amazing first of it's kind non profit scam?

wow, just wow.

And this is interesting too.

I know what it takes to run one of these machines

So when you were at JBII observing, what were your impressions of the operation?

And the discarded garbage plastic is expensive? ROFL! We've been over that time and time again and the only way to associate a massive cost with the waste plastic is to fake one.

[greenhornet]

What is your proof to support these allegations?

[WD45]

They been doing an awsome job of hiding all that plastic they have been buying over the years. My buddy that ran the recycle before jbi took it over wasn't hiding it. Everytime l have driven by over the years l didn,t see it. Thats a lotta plastic to hide to fill all those tankers headin for us steel. Guess l need to be more observant.