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Posted On: 03/06/2018 12:11:11 PM
Post# of 43065
Gandalf, do you remember when PTOI announced in late 2013 that the flagship processor was finally almost in full production...and then announced in mid 2014 that the processor was actually completely out of commission since Q4 of 2013??
In the interim of shareholders being kept in the dark for over six months, on Jan 9, 2014 PTOI filed to announce a workforce reduction. "The reduction plan was effective immediately and only included non-core function employees who were not primarily engaged in fuel production or processor sales."
Did Mr. Heddle think employees engaged in fuel production were necessary, given the the broken plant?? At a minimum, it would have been a great time to disclose that the plant had been broken since the previous quarter as that was certainly more material than a layoff.
On 3/6/13 while investors were kept in the dark, Mr. Heddle filed disclosing $120,000 of financing...still not a peep about the broken plant.
Other filings...still not a peep about the broken plant.
Tell me, Gandalf, do you think it was alright for Mr. Heddle to withhold information about the processor being broken for over six months? What opinion would you form about Mr. Heddle's character based on that? If you think that's alright, I would really like to hear your thoughts...then maybe we can talk about the potential customers who keep running for the exits with no explanation from Mr. Heddle.
In the interim of shareholders being kept in the dark for over six months, on Jan 9, 2014 PTOI filed to announce a workforce reduction. "The reduction plan was effective immediately and only included non-core function employees who were not primarily engaged in fuel production or processor sales."
Did Mr. Heddle think employees engaged in fuel production were necessary, given the the broken plant?? At a minimum, it would have been a great time to disclose that the plant had been broken since the previous quarter as that was certainly more material than a layoff.
On 3/6/13 while investors were kept in the dark, Mr. Heddle filed disclosing $120,000 of financing...still not a peep about the broken plant.
Other filings...still not a peep about the broken plant.
Tell me, Gandalf, do you think it was alright for Mr. Heddle to withhold information about the processor being broken for over six months? What opinion would you form about Mr. Heddle's character based on that? If you think that's alright, I would really like to hear your thoughts...then maybe we can talk about the potential customers who keep running for the exits with no explanation from Mr. Heddle.
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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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