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Plastic2Oil, Inc. PTOI
(Total Views: 795)
Posted On: 04/01/2018 3:54:04 PM
Post# of 43066
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Posted By: hammchuck
Quote:
was at the time viewed very positively as JB was close to lose his preferred shares with 100 million voting rights to the investor group, as they couldn't achieve the ridiculous demands set forth by them in terms of the qualifications for the I believe two board members they were signed in to find via the contract with the said investor group.



Question......what did Wesson ever do that his word about this matter is taken as the absolute truth ?

The very meaning of the words 'investor group' aligns them with shareholders interests yet somehow their actions of obtaining a strong, experienced, and independent BOD is found to be a bad thing.

Does anyone realize how absurd this being described as 'ridiculous demands' sounds ?

The two choices....if Wesson was to be believed.....were an investor group seeking an independent BOD with top qualifications or Heddle.

I would hazard a guess if the clock was set back quite a few shareholders would have taken the non Wesson recommendation and possibly saved five years of what can only be described as failure of shareholders interests.













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