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Posted On: 12/25/2017 9:28:09 PM
Post# of 43064
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Re: PaperProphet #38397
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It might be better to ask Mr. Heddle for a road map. Instead, you'll have to wait another four months before Mr. Heddle feeds you the next exciting piece of 'progress'.
The question was to you, not to Mr. Heddle - I am interested in your opinion, not his. I will re-state it for you:
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In your opinion, what is the end game for Mr. Heddle announcing this "sham" agreement? How does it "play" investors?
I have a few more questions about your non-answer answer:
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In the past year and a half, Mr. Heddle pulled in about $1.5M through debt investors, the insurance payout for the company's fraud and from the sale of property. Even in PTOI's moribund state, it's still bringing in a nice 'salary' for something which requires little work for Mr. Heddle. He has a strong financial incentive to keep it looking alive.
I don't have any insight as to whether Mr. Heddle wants to start pushing out more shares or not. At a minimum, I'm sure he wants to sell PTOI's remaining property and pocket the proceeds as part of his salary. Maybe that's why he's de-emphasizing the New York property.
How much has Mr. Heddle taken, in salary, since he took the reins as CEO?
And what exactly has he said that "de-emphasizes" the New York property?
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You might want to speculate on why Mr. Heddle wants to do a deal with an LLC with no identifiable assets or identifiable previous business and start from scratch when there's ostensibly a fully permitted site in New York which already has processors on it.
I was under the impression that part of the "simple math theory" was that the value of the feedstock plus transportation costs exceeded the value of the end product; wouldn't it make sense to locate the processors near to the source of the feedstock, and eliminate transportation costs to the New York property?
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is the 'waste plastic' better in Alabama??
Was there some mention in the agreement that they would be using waste plastic from Alabama?
Did they mention what type of feedstock was being considered?
Did they mention anything about the site(s) being in Alabama?
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Remember he previously announced the MOU with the partner now announced as Veridisyn Technologies, was previously put on hold because the site they had scoped out couldn't be permitted. Does that seem interesting enough to warrant asking Mr. Heddle a question about it??
Try and stay focused - I have questions for Mr. Heddle, too, but right now I am interested in your answers. Merry Christmas, Pee Pee.
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