(Total Views: 390)
Posted On: 05/24/2019 8:43:38 AM
Post# of 43065
Director Mr. Brain could really use a financial advisor or a lawyer to give him advice. Previously Mr. Brain loaned money to PTOI at 5% interest. By definition, PTOI was insolvent even at that time. Lending money to any company in PTOI's financial situation is lunacy, much more so at only 5%.
There hasn't been anything this year about borrowing more money from directors. Mr. Heddle even has some leverage with Mr. Brain since Mr. Brain already anted up and put money in the pot. I'm sure it's harder for Mr. Brain to walk away from the table while he thinks the hand is still being played. However since there wasn't an announcement of more funds being lent by Mr. Brain, maybe Mr. Brain has finally figured out that he's been swindled.
There hasn't been anything this year about borrowing more money from directors. Mr. Heddle even has some leverage with Mr. Brain since Mr. Brain already anted up and put money in the pot. I'm sure it's harder for Mr. Brain to walk away from the table while he thinks the hand is still being played. However since there wasn't an announcement of more funds being lent by Mr. Brain, maybe Mr. Brain has finally figured out that he's been swindled.
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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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