Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Plastic2Oil, Inc. PTOI
(Total Views: 455)
Posted On: 10/07/2018 8:40:45 AM
Post# of 43066
Avatar
Posted By: hammchuck
Quote:

While management has recently raised some additional debt capital and is preparing plans to attempt to reinitiate limited production of used oils and plastic films in one of its kilns, there are no assurances can be made to the time and extent of capital that may be required to successfully accomplish this task



The 'monies infused' from said directors is not enough to get the machines running again.
Heddle buried that in the next 10k instead of stating it outright when he announced the loans.

Big surprise there...lol.....Heddle being less than forthcoming.

Based on the history of past loans though this will just fade away and shareholders will never see any action or results of the cash infusion.

There is a $5,000,000.00+/- history of that already.

https://www.sec.gov/Archives/edgar/data/13811...-index.htm













(1)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site