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Posted On: 11/16/2017 9:03:45 PM
Post# of 43064
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I'm almost certain that if the remaining long and strong investors stopped for a minute and thought really hard about why Mr. Heddle decided not to fix the processors for four years, even though there's still currently $350k in cash on the books after millions already vanished into SG&A for a virtually shuttered company, they would start to realize that something just doesn't add up.
If you look at the processors, it might take a meticulous pipefitter a couple of weeks to replace every possible pipe which could have freeze damage. Mr. Heddle's estimate of $175k-$200k would be enough to pay off that pipefitter's house in exchange for just a couple weeks of work. The estimate is ridiculous. Inventing such a hurdle just runs a red herring across investors' path and stops them from asking why the processor isn't being run/sold/licensed/etc....
I have a hard time believing that there are still investors who don't suspect that anything is wrong with PTOI's supposed technology even after nine years of failure.
If you look at the processors, it might take a meticulous pipefitter a couple of weeks to replace every possible pipe which could have freeze damage. Mr. Heddle's estimate of $175k-$200k would be enough to pay off that pipefitter's house in exchange for just a couple weeks of work. The estimate is ridiculous. Inventing such a hurdle just runs a red herring across investors' path and stops them from asking why the processor isn't being run/sold/licensed/etc....
I have a hard time believing that there are still investors who don't suspect that anything is wrong with PTOI's supposed technology even after nine years of failure.
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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.