What seems more likely? A - PTOI's processor re
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A - PTOI's processor results are very good but nobody wants to buy a processor, PTOI itself doesn't want to fix the processor, didn't want to run the previous processors before they broke and Mr. Heddle simply forgot to tell investors and the world how incredibly well the 'technology' works after the six month 'testing' of processor #3 in 2013.
B - PTOI's processor results are very poor and Mr. Heddle decided it was better that investors aren't directly told that the results are poor just like he decided it was better that investors didn't know the plant was broken for six months.
It's hard for many people to believe that the founder of PTOI who cooked the books and who went to extraordinary lengths to collude with an auditor and to hide the accounting fraud from investors...might also have fibbed about the capabilities of the processor and gone to extraordinary lengths to deceive investors about those capabilities. However, investors should at least consider the possibility that the company lied to them and that a swindler really didn't invent the world's greatest pyrolysis process.
There are many, many penny stocks out there where the goal of the penny stock operators is to swindle investors. It's a very real possibility that PTOI is one of them. PTOI's lying, the accounting fraud and the complete lack of relevant communication should be a tip off that something doesn't smell right. Don't just keep writing off every new malfeasance as 'ancient history'--there's a reason why PTOI keeps deceiving investors and that reason isn't good.
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