Posted On: 07/30/2015 2:46:15 PM
Post# of 43065
Re: 3.14159265359 #21080
Yes. The only way Mr. Heddle will get paid back is to keep the story positive and get other financing. He can maybe recoup some more of his money by selling PTOI's property, which is the security for his loans.
Mr. Heddle certainly isn't gobbling up shares so he obviously doesn't think much of equity, at least not anymore, but he's still taking a huge risk with putting his money into the company as loans.
I'm sure part of Mr. Heddle's continued loaning is because Mr. Heddle already ante'd up a bunch of money and if he cuts off the loans, the company withers and it will be hard to get anyone to pony up money for financing. Personally I think Mr. Heddle is screwed anyway. Mr. Bordynuik got investors to put in millions of dollars though lying about the capabilities of the process and the book value of the company. After over six years, Mr. Heddle would need to find investors who are even more naive and tell them even bigger lies.
I suspect at some point Mr. Heddle will cut his losses and wave good bye to his $4M. He might have originally been dazzled at the prospect of earning 12%...but that's a low rate given the risk of only getting pennies on the dollar repaid.
Well, I'm out of posts.
Mr. Heddle certainly isn't gobbling up shares so he obviously doesn't think much of equity, at least not anymore, but he's still taking a huge risk with putting his money into the company as loans.
I'm sure part of Mr. Heddle's continued loaning is because Mr. Heddle already ante'd up a bunch of money and if he cuts off the loans, the company withers and it will be hard to get anyone to pony up money for financing. Personally I think Mr. Heddle is screwed anyway. Mr. Bordynuik got investors to put in millions of dollars though lying about the capabilities of the process and the book value of the company. After over six years, Mr. Heddle would need to find investors who are even more naive and tell them even bigger lies.
I suspect at some point Mr. Heddle will cut his losses and wave good bye to his $4M. He might have originally been dazzled at the prospect of earning 12%...but that's a low rate given the risk of only getting pennies on the dollar repaid.
Well, I'm out of posts.
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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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