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Heddle doesn't need or care what pesky small time shareholders think.....he has this company over a barrel.

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To what end, exactly?

The typical MO for scam artists of public companies is to issue shares of a company with no viable underlying business foundation. until the shares run out, perform reverse splits, and do it all over again until there is no market left for those shares.

As CEO / CFO / President / major debt holder, couldn’t he simply arrange equity financings until he has paid himself back for his loans to the company and deferred compensation?

How much interest, principal, or deferred salary has he paid himself for the past 6 years?

I would be hard pressed at this point to believe that he has waited almost 6 years to enact / resume some share selling scheme, or to drive the company into bankruptcy so that he could buy the remaining assets out of bankruptcy “for a song”, especially if there is nothing of value.

I’m equally hard pressed to believe that he is quietly deceiving gullible BOD members into loaning PTOI fractions of what he is owed to somehow line his pockets, ad infinitum.....

So while we wait for news (good or bad) from the company, I’d like to hear more details about the “scam” theories out there, and how they line up with what has actually happnened (or not happened) to date.