What you investors are seeing is CEO Mr. Heddle putting out
What you investors are seeing is CEO Mr. Heddle putting out feelers with his "letter to shareholders."
If you investors don't once again open your wallets and start throwing money at the trading volume, Mr. Heddle won't be inclined to step up pumping the stock. The ball is in your court.
Keep in mind that the update is fake and you're buying stock only for the pump. Read the letter--Mr. Heddle didn't suddenly realize that the processor was valuable and that he should run it. He didn't burn through $11M but forget to put in his estimate of $175k to $200k to fix the processor, thus necessitating the need for "plans to raise additional outside capital for the restart of flagship processor #3." Mr. Heddle didn't suddenly realize that he needed a sales effort to sell a processor.
Mr. Heddle is highly dishonest--you can see how he withheld information about the plant breakage for six months. "Loyal" investors willing to average down are the most valuable asset which PTIO possesses. Mr. Heddle wants to pump and you loyal investors can play ball or not.
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Plastic2Oil, Inc. (PTOI) Stock Research Links
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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