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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?

To: scion who wrote (6540)	4/21/2011 12:35:54 PM
From: SteveF	Read Replies (2) \| Respond to of 53574

and who is the shareholder? I didn't think about the tape eqpt (I was thinking P2O). The 10K does say the data business was dormant in 2010 but they are beginning to restore existing customers data (while not seeking new customers). Could be more of the DE-JBI cover-up. The 809k shares he issued himself are now valued at ~$350k whereas the other stock issuance line-items describe that other stock as priced at the closing price of the day they were issued. I can't find any valuations for the tape eqpt now even though both the Pak-It and Javaco acquisitions were restated again for the umpteenth time. Many possibilities: Justice37 - Alias Born 10/24/2010 siliconinvestor.com howto - Alias Born 11/19/2010 siliconinvestor.com In December 2010, the Company consummated a confidential private placement for the issuance and sale of 2,430,000 Common stock at a price of $0.50 per share. The Company received gross proceeds in the amount of $1,189,000, net of share issue costs of $26,000. On December 1, 2010 the Company entered into a secured short-term loan agreement with an existing shareholder. The loan was used for working capital purposes and bears interest at an annual rate of 6%. The entire principal of the loan together with all accrued interest is due and payable on December 1, 2011. The loan is secured against the receivables and assets of Pak-It. $100,781 - In November 2010, a member of the Board of Directors entered into a short-term loan agreement with the Company. The loan bears no interest and is due on November 22, 2011. The loan was used for working capital purposes. $35,000 - In November 2010, a member of the Board of Directors entered into a short-term loan agreement with the Company. The loan bears no interest and is due on November 22, 2011. The loan was used for working capital purposes. $30,000 Javaco, Inc. has a $200,000 credit line available through a financial institution, which is renewable on an annual basis and carries an interest rate of 4.25%. No balance was due under this note as of December 31, 2009 and the credit line was not renewed. Pak-It, LLC has a $1,550,000 credit line available through a financial institution which is renewable on an annual basis and carries an interest rate of prime rate of interest plus one-half percent. No balance was due under this note as of December 31, 2009 and the credit line was not renewed. $ 365,601 On October 1, 2009 the Company entered into an employment agreement with Rui Gama for a term of two years from the date of signing. The Employee is to be paid a base salary of $65,000 per year. Subject to the terms and conditions provided in this Agreement, the Purchaser agrees to grant the Employee yearly an ISO of 120,000 shares. sec.gov

To: scion who wrote (6540)	4/21/2011 3:19:59 PM
From: scion	Respond to of 53574

Recent Sales of Unregistered Securities From December 2009 through January 14, 2010, the Company consummated a confidential private placement with certain accredited investors for the issuance and sale of 8,439,893 shares of the common stock. The offering was at $0.80 per share and the Company received proceeds of $5,583,456, net of share issue cost of $161,529, for the issuance of 7,179,983 shares. The Company also had subscriptions for an additional 1,022,410 shares or $817,928. In 2010, the Company received proceeds of $976,038, net of share issue costs of $31,890, which consists of subscription receivable of $817,928 and $158,110 for the additional issuance of 237,500 shares pursuant to the private placement. In May 2010, the Company consummated a confidential private placement with certain accredited investors for the issuance and sale of up to 1,000,000 shares of common stock at a per share price of $4.00. The net proceeds received by the Company were in the amount of $1,915,126, net of share issue cost of $ 39,900, for the sale of 488,779 shares. In March 2010, the President and CEO returned and retired 21,200,000 shares of common stock. In 2010, the Company issued 1,239,397 shares of stock as compensation to various parties at an expense of $3,791,971. The shares issued have been valued at the closing share price on the respective issue dates and were reported as operating expenses in the statement of operations. Shares issued to settle existing monetary commitments were valued at the existing commitment amount. In December 2010, the Company consummated a confidential private placement for the issuance and sale of 2,430,000 Common stock at a price of $0.50 per share. The gross proceeds received by the Company in the amount of $1,189,000. In April 2011, the Company consummated a confidential private placement for the issuance and sale of 2,010,481 Common stock, at a price of $0.70 per share. The net proceeds received by the Company in the amount of $1,407,337 will be used for working capital management, and development and preparation of the commercial operations of the P2O business. The private placements and subsequent issuance of Common Stock described above were unregistered sales of securities conducted pursuant to Rule 506 of Regulation D or Regulation S promulgated thereunder. Such securities were not registered under the Securities Act of 1933. page 36 sec.gov