Replies to post #248860 on Plastic2Oil Inc (PTOI)

[pacrat]

And how again does your scenario benefit JB and the "whale" investors? Just curious.

[Rev Kilgore Mullet]

I suspect that the highest value for JBI will come from a scammer. Heddle might be keeping hope alive long enough for him and his cronies to dump a few million shares. At the same time, he could be draining part of his own cash out of the company in the legal form of comp and interest expense. And when he and his cronies have recovered the three mil, they can sell the assets to another scammer for pure profit or ratchet up the dilution to a higher level.

[steelyeye]

Well thanks for the chuckle, and yes, if not the best then one of the best black kool aid conspiracies.

BTW, I am guessing CFP comes before "anyone is the wiser."

By the time anyone is the wiser, JB is long gone, and Heddle is rich enough to have skipped town as well perhaps - or he's found a clever way to pass the buck. The possibilities are endless here...

[jcoukr]

Complete bullshit!

[Rawnoc]

Bullshit.

[the big guy]

Excellent post!!!!

[BigGreen101]

"So what he gets must have some value; but he'd only see that value if this company fails - and only if it fails in a way that doesn't make shareholders think that their technology was doomed from the start."

Wow, that is so far over the top. Your post indicated no possibility that JBII may work in the future nor addressed that potentially that they will be CFP within a year.

Maybe we are not seeing any news because the new CEO does not want a PR show. The financial statements will be an interesting read to either support or erode your hypothesis.