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Plastic2Oil, Inc. PTOI
Posted On: 11/29/2014 12:07:23 PM
Post# of 43066
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Posted By: hammchuck
Re: Golfgod #16167
My comments pertain to actual events and conditions of the company and it's operations.

The numerical count has no bearing on that topic.

Could we please stick to the topic of the company and it's operations as I always do ?

That being said,

Do you feel Richard Heddle thinks this is a sound business practice knowing that if John Bordynuik ( since he might be in debt 'up the wazoo' as you put it) had to declare personal bankruptcy the trustee could certainly look to claw back any funds siphoned off to support the company instead of paying his obligations ?

And then there is always the thought of how he is paying the personal debt you assigned to this situation when he is differing salary. That seems a ripe scenario for personal bankruptcy.

More so, is Richard Heddle not having the success obtaining financing that he would allow John Bordynuik to acquire vast personal debt 'up the wazzoo' ( as you put it) ? Does Heddle truly believe this is the best option ?

Or is there a real problem now obtaining legitimate financing that Heddle's only option is to let John Bordynuik sink 'up to the wazoo' in debt ( as you put it) ?













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