Posted On: 07/26/2015 12:11:22 PM
Post# of 43065
"Heddle put in over 4 million of his own money without dillution. What is not to trust so I agree. This invention is going to be a cash making hog of reoccurring revenues."
- PairoHeadlights
Keep in mind that previous PIPE investors put much more than that amount into actual shares because they believed in PTOI's prospects. Mr. Heddle loaned that $4M to PTOI at 12%, secured by all of PTOI's assets because, at least at that time, Mr. Heddle valued a potential 12% annual return above any potential returns from the stock.
Even with debt, I'll agree Mr. Heddle putting in $4M shows he has some faith in PTOI. PTOI's assets won't be enough to pay back the loan and 12% seems low for the risk. Helping Mr. Heddle is that his debt is first in line should he succeed on getting additional outside financing. On the down side for Mr. Heddle, if he stops loaning money to PTOI for incidentals to keep impressions up, his chance of recovering his $4M will be history.
Investors keep trusting the judgement of anyone who puts money into PTOI...and historically when those people have lost their money in PTOI, investors latch on to the next sucker who puts in money. A better way would be to press PTOI for information on how well the process actually produces results.
- PairoHeadlights
Keep in mind that previous PIPE investors put much more than that amount into actual shares because they believed in PTOI's prospects. Mr. Heddle loaned that $4M to PTOI at 12%, secured by all of PTOI's assets because, at least at that time, Mr. Heddle valued a potential 12% annual return above any potential returns from the stock.
Even with debt, I'll agree Mr. Heddle putting in $4M shows he has some faith in PTOI. PTOI's assets won't be enough to pay back the loan and 12% seems low for the risk. Helping Mr. Heddle is that his debt is first in line should he succeed on getting additional outside financing. On the down side for Mr. Heddle, if he stops loaning money to PTOI for incidentals to keep impressions up, his chance of recovering his $4M will be history.
Investors keep trusting the judgement of anyone who puts money into PTOI...and historically when those people have lost their money in PTOI, investors latch on to the next sucker who puts in money. A better way would be to press PTOI for information on how well the process actually produces results.
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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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