Posted On: 12/08/2014 2:43:37 PM
Post# of 43065
Mr. Heddle is another person shareholders should be worried about. Never mind the shipboard P2O 'deal' that was sung to investors with Mr. Heddle years ago. Today Mr. Heddle is showing he doesn't have ethics.
It was a bit over a year ago when Mr. Heddle promised mid-quarter updates. Then right after that the plant broke, not only did Mr. Heddle not give any updates, he stayed silent about the plant failure for six months and let investors believe processor #2 and #3 were humming along. When Mr. Heddle finally did speak, he didn't mention one word about why he didn't keep his promise nor why he withheld information from investors.
Instead Mr. Heddle just said PTOI was making "tangible progress" toward processor sales. One would think that since PTOI shifted the business plan to processor sales sixteen months ago, that some details would be in order. For example does "tangible progress" mean they've assembled a team to identify potential customers who might be interested...or does it mean that they have a customer willing to buy but only is willing to pay $8 million?? Mr. Heddle is being vague for a reason. He's ante'd up a lot of money so he has a strong interest in following Mr. Bordynuik's lead in lying to investors.
Neither of the two people running PTOI appear to have any interest in doing their fiduciary duty to shareholders. You can scream and yell at me for saying so, but I'm not your problem.
It was a bit over a year ago when Mr. Heddle promised mid-quarter updates. Then right after that the plant broke, not only did Mr. Heddle not give any updates, he stayed silent about the plant failure for six months and let investors believe processor #2 and #3 were humming along. When Mr. Heddle finally did speak, he didn't mention one word about why he didn't keep his promise nor why he withheld information from investors.
Instead Mr. Heddle just said PTOI was making "tangible progress" toward processor sales. One would think that since PTOI shifted the business plan to processor sales sixteen months ago, that some details would be in order. For example does "tangible progress" mean they've assembled a team to identify potential customers who might be interested...or does it mean that they have a customer willing to buy but only is willing to pay $8 million?? Mr. Heddle is being vague for a reason. He's ante'd up a lot of money so he has a strong interest in following Mr. Bordynuik's lead in lying to investors.
Neither of the two people running PTOI appear to have any interest in doing their fiduciary duty to shareholders. You can scream and yell at me for saying so, but I'm not your problem.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
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