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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Plastic2Oil Inc (PK) | USOTC:PTOI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00275 | 0.00275 | 0.00275 | 0.00 | 00:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 27, 2017
Plastic2Oil, Inc.
(Exact name of registrant as specified in its charter)
Nevada | 000-52444 | 90-0822950 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(IRS Employer Identification No.) |
20 Iroquois Street Niagara Falls, NY |
14303 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (716) 278-0015
NA
(Former name or former address, if changed since the last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
Section 8 — Other Events
Item 8.01 Other Events.
As previously reported, Plastic2Oil, Inc. (the “Company”) is party to a Memorandum of Understanding (the “MOU”) with a Southern U.S. company regarding potential licensing of the Company’s technology and a potential sale of units. On March 27, 2017, the parties agreed to extend the term of the MOU until May 24, 2017, as the parties need additional time to negotiate and finalize a definitive agreement and to address zoning and permitting at the proposed site. The MOU was extended on two prior occasions. There can be no guarantee that a definitive agreement will be executed prior to expiration of the extended term of the MOU.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Plastic2Oil, Inc. | ||
Dated: March 31, 2017 | By: | /s/ Richard Heddle |
Richard Heddle | ||
President, Chief Executive Officer, and Director |
1 Year Plastic2Oil (PK) Chart |
1 Month Plastic2Oil (PK) Chart |
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