Replies to post #262570 on Plastic2Oil Inc (PTOI)

[greedy__malone]

Not sure if you are aware of this bit there is no financing. All assets are secured through Heddle's loan. They lose money, have nothing left to secure funding with other than shares which is called toxic funding because there is no other way to pay back the loan other than by diluting the company into the ground.

[flptrnkng]

which leads us to sales of processors.

I'm confused. Is it somehow not legal to sell a product without a board of directors being seated? They already have a BOD of two members, right? What's the correct number of directors before you can execute a sales order?

Why not just sell one right now?

WHAT'S THE HOLD-UP, BORDYNUIK?

[retiredptt]

If ran JBI I'd have Processor 4 in RockTenn or somewhere else proving it can do what they're selling day in and day out. I'd have that thing humming. I'd then make that site my showcase site, let them talk with the operators at RockTenn or wherever and replicate it.

The BOD can then be a focus follow. Who needs to pay those suits now when the product is still a huge question mark!!!???

NOTHING MAKES SENSE RIGHT NOW!