1) Heddle says he needs to complete pilot tests to
Post# of 43064
Posted On: 08/21/2015 8:39:04 AM
1) Heddle says he needs to complete pilot tests to close a sale.
2) Heddle also says that he needs working processors to run pilot tests.
3) But, Heddle says, he lacks the money to make the repairs.
Understand what that means? No money, no processors. No processors, no pilot test. No pilot test, no sale. No sale, dead company.
According to Heddle, P2O is no closer to making a sale today than they were two years ago. From the recent 10Q:
" These processors were idle for all of 2014 and are currently idle. "
http://www.sec.gov/Archives/edgar/data/138110...rm10-q.htm
" Our current cash levels are not sufficient to enable us to make the required repairs to our processors or to execute our business strategy as described in this Report . "
http://www.sec.gov/Archives/edgar/data/138110...rm10-q.htm
" During the six months ended June 30, 2015 and 2014 the plant was idle "
http://www.sec.gov/Archives/edgar/data/138110...rm10-q.htm
2) Heddle also says that he needs working processors to run pilot tests.
3) But, Heddle says, he lacks the money to make the repairs.
Understand what that means? No money, no processors. No processors, no pilot test. No pilot test, no sale. No sale, dead company.
According to Heddle, P2O is no closer to making a sale today than they were two years ago. From the recent 10Q:
" These processors were idle for all of 2014 and are currently idle. "
http://www.sec.gov/Archives/edgar/data/138110...rm10-q.htm
" Our current cash levels are not sufficient to enable us to make the required repairs to our processors or to execute our business strategy as described in this Report . "
http://www.sec.gov/Archives/edgar/data/138110...rm10-q.htm
" During the six months ended June 30, 2015 and 2014 the plant was idle "
http://www.sec.gov/Archives/edgar/data/138110...rm10-q.htm
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