Current Report Filing (8-k)
August 31 2018 - 5:17PM
Edgar (US Regulatory)
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): August 29, 2018
Plastic2Oil,
Inc.
(Exact
name of registrant as specified in its charter)
Nevada
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000-52444
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90-0822950
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(State
or other jurisdiction of
incorporation
or organization)
|
|
(Commission
File
Number)
|
|
IRS
Employer
Identification
No.)
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20
Iroquois Street Niagara Falls, NY
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14303
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(Address
of principal executive offices)
|
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(Zip
Code)
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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
1 – Registrant’s Business and Operations
Item
1.01 Entry into a Material Definitive Agreement.
On
August 29, 2018, Plastic2Oil, Inc., a Nevada corporation (the “Company”), entered into an agreement (“Amendment
to Note 1”) with Mr. Richard Heddle, the Company’s chief executive officer and a member of the Company’s board
of directors, to extend the maturity date of the outstanding $1 million principal amount 12% Secured Promissory Note due August
31, 2018 (“Note 1”) to December 1, 2018. Mr. Heddle originally purchased Note 1 from the Company on August 29, 2013
in the Company’s private placement of 12% Secured Promissory Notes due August 31, 2018.
On
August 29, 2018, the Company entered into an agreement (“Amendment to Note 2”) with Mr. Heddle to extend the maturity
date of the outstanding $2 million principal amount 12% Secured Promissory Note due September 30, 2018 (“Note 2”)
to December 1, 2018. Mr. Heddle originally purchased Note 2 from the Company on September 30, 2013 in the Compaany’s private
placement of 12% Secured Promissory Notes due September 30, 2018.
The
foregoing description of the Amendments are only a summary and is qualified in its entirety by the complete text of the Amendments,
a copy of which are filed herewith as Exhibit 10.1 and Exhibit 10.2.
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.
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.
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Plastic2Oil,
Inc.
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Dated:
August 31, 2018
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By:
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/s/
Richard Heddle
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Richard
Heddle
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President,
Chief Executive Officer, and Director
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EXHIBIT
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