(Total Views: 152)
Posted On: 01/22/2017 9:18:47 PM
Post# of 43065
It's both irrational and somewhat rational for investors to hold onto PTOI.
Almost every red flag possible is flying above PTOI. The founder, Mr. Bordynuik, defrauded investors by cooking the books and was charged with fraud for that reason. The lawyer who helped Mr. Bordynuik set up the company was charged with fraud for launching other penny stock sham companies. The current CEO, Mr. Heddle, withheld information from investors and spent over three years stringing along investors. The company even refuses to provide any evidence of value. After eight years, the signs pointing to PTOI being yet another penny stock scam are very convincing.
Yet for investors who have invested at dollars per share and 'invested' up to eight years of their lives defending PTOI from skeptics and waiting for PTOI to pan out...that's a lot from which to walk away for a mere $0.04.
Almost every red flag possible is flying above PTOI. The founder, Mr. Bordynuik, defrauded investors by cooking the books and was charged with fraud for that reason. The lawyer who helped Mr. Bordynuik set up the company was charged with fraud for launching other penny stock sham companies. The current CEO, Mr. Heddle, withheld information from investors and spent over three years stringing along investors. The company even refuses to provide any evidence of value. After eight years, the signs pointing to PTOI being yet another penny stock scam are very convincing.
Yet for investors who have invested at dollars per share and 'invested' up to eight years of their lives defending PTOI from skeptics and waiting for PTOI to pan out...that's a lot from which to walk away for a mere $0.04.
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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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