PLASTIC2OIL, INC. (OTCMKTS:PTOI) Files An 8-K Other Events
Item 8.01 Other Events
Press Release
On December 29, 2016 the Companys Chief Executive Officer issued
a letter to stockholders describing certain business updates, a
copy of which is attached as Exhibit 99.1 to this Current Report
on Form 8-K and incorporated herein by reference.
Section 9 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The exhibits required by this item are listed on
the Exhibit Index hereto.
About PLASTIC2OIL, INC. (OTCMKTS:PTOI)
Plastic2Oil, Inc. (P2O) manufactures processors, which produce fuel products mainly from unsorted, unwashed waste plastics for distribution across various markets. The Company operates through two segments: Plastic2Oil (P2O) and the Data Business. Its P2O solution segment manufactures and sells processors, as well as sells the fuel produced through its processors. The Data Business segment of the Company is engaged in data storage and recovery. Its P2O business is a commercial manufacturing and production business. The Company’s primary offering is its Plastic2Oil (P2O) solution, which is a process that converts waste plastic into fuel through a series of chemical reactions (P2O business). It collects mainly mixed plastics from commercial and industrial enterprises that generate large amounts of waste plastic for use in its process. The Company uses this waste plastic as feedstock to produce Fuel Oil No. 2, Naphtha, and Fuel Oil No. 6 for various uses by its customers. PLASTIC2OIL, INC. (OTCMKTS:PTOI) Recent Trading Information
PLASTIC2OIL, INC. (OTCMKTS:PTOI) closed its last trading session 00.0000 at 0.0300 with 50,665 shares trading hands.