(Total Views: 383)
Posted On: 06/16/2019 1:46:12 PM
Post# of 43068
Here's a quote:
"It should also be noted that contrary to some claims, The CEO has indeed continued to put money into the company."
That poster isn't technically wrong...he just, for whatever reason, failed to tell the entire story. According to the 10-Q, the CEO did lend C$75,000 (about $56,000 USD) to PTOI during Q1. However that was only part of the $108k in compensation paid in Q1...and remember PTOI only has one employee, the CEO. The balance of the CEO's compensation was made up by loans made by director(s) during the quarter. The CEO once again pocketed more money than he put in...and PTOI now owes him more money as well.
"It should also be noted that contrary to some claims, The CEO has indeed continued to put money into the company."
That poster isn't technically wrong...he just, for whatever reason, failed to tell the entire story. According to the 10-Q, the CEO did lend C$75,000 (about $56,000 USD) to PTOI during Q1. However that was only part of the $108k in compensation paid in Q1...and remember PTOI only has one employee, the CEO. The balance of the CEO's compensation was made up by loans made by director(s) during the quarter. The CEO once again pocketed more money than he put in...and PTOI now owes him more money as well.
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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.
