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Plastic2Oil, Inc. PTOI
Posted On: 07/31/2015 4:32:24 PM
Post# of 43066
Posted By: 3.14159265359
Re: 4kids #21111
On August 14, 2013, the night before it was announced that Heddle was stepping in as CEO, PTOI closed at $0.46:
http://finance.yahoo.com/q/hp?s=PTOI&a=07...&y=462

Today, almost exactly two years later, PTOI closed at $0.076.

For the arithmetically-challenged: 100*(46 - 7.6)/46 = 83.5% DROP SINCE HEDDLE BECAME CEO

Notice the pattern?

On November 12, 2013, Heddle proclaimed to the world:
Quote:
"Ultimately, we are striving to go down the path that is going to draw the straightest line between JBI and creating shareholder value. We are confident in our ability to sell our machines or enter into joint ventures that will move this company to its next stage. And aside from being a shareholder, I am holding myself, as well as my team accountable to make 2014 a successful year for JBI . http://www.seekingalpha.com/article/1834452-j...ipt?page=5 "




Not only did Heddle fail to create shareholder value, HEDDLE ERODED SHAREHOLDER VALUE BY 83.5%

Did Heddle hold himself accountable for failing to meet his milestones, as he had promised to the world?

Notice the patterns of failing to meet milestones, lying, lack of transparency, lack of accountability, and the erosion of shareholder value under Heddle's watch?













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