Replies to post #224875 on Plastic2Oil Inc (PTOI)

[fourkids_9pets]

discussed in depth *contemporaneously* last year

as some of us noted .. it's not unusual for new mgmt teams to
surround themselves with those they have worked with b4

i took it as a sign that the co.s CFO who had balls of steel
to take on the CFO position in a co. *targeted* by the dolts
and a very abusive hedgie .. was being thanked by JB for that
in case he would be replaced by KR

it was also discussed *contemporaneously* about the 2 gifts of 300k
shares per to 2 charities

and just an aside for anyone who has never had the pleasure of running a pubco
(or knowning someone who has) >> filings get amended constantly
based on consistent and ongoing *feedback* with the dolts

little known *reality* >> interaction is literally 24/7 between *counsels* re: advice given
at this stage of a co.s *development*


==
4kids
all jmo

[P2O I'm from MO]

It is quite obvious from details in the transcript posted *elsewhere* that Mr. Bordynuik has what appears to be intimate knowledge about the loopholes and regulatory issues in the stinky-pinky marketplace. It often gets mentioned that the regulators are the problem but evidence presented shows that there are many that will take advantage of the very precious shareholders when it is beneficial to their own pocketbook.

[Artiztic1]

That's an easy one, it appears he gifted those shares so he could get his holdings under 5%, that way he could then dump some stock without having to report it.



414 Q. Depending whether you were over 5% or

under 5%?

A. You had to be under 5%, because it's a

affiliate control stock. I had to wait three months

after I was no longer an affiliate.

415 Q. Yes.

A. As well, I also had to meet all of the

requirements under the non-affiliate status, which means

no longer a board member, under 5%, had not been an



John Bordynuik - 78




affiliate for over three months and had already held the

shares for at least a year and that the companies, in

the time that I held them for at least a year, the

company was current at all times in its filings. If

it's not, it resets the clock. It sucks.