Posted On: 08/16/2016 1:46:42 PM
Post# of 43065
Let me guess, the conversation went something like this:
"Thank you for the work you performed for Plastic2Oil Inc. but we can't pay you the $12,000 we owe you. Would you take a $100,000 promissory note bearing 12% with warrants in lieu of cash? It's either that or you won't get anything."
I know another situation in another xxxtoOil stock (soybeans) where someone was paid $70k+ in stock merely for promoting the stock and threatening skeptics...work which that company found particularly helpful.
Yes, I'm sure those 'in the know' will immediately state that Lawrence Leah put up $100k in cash for PTOI's operations purely as an investment because he's a highly credible figure who truly believes in PTOI's prospects.
"Thank you for the work you performed for Plastic2Oil Inc. but we can't pay you the $12,000 we owe you. Would you take a $100,000 promissory note bearing 12% with warrants in lieu of cash? It's either that or you won't get anything."
I know another situation in another xxxtoOil stock (soybeans) where someone was paid $70k+ in stock merely for promoting the stock and threatening skeptics...work which that company found particularly helpful.
Yes, I'm sure those 'in the know' will immediately state that Lawrence Leah put up $100k in cash for PTOI's operations purely as an investment because he's a highly credible figure who truly believes in PTOI's prospects.
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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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