"Yep....Heddle's a real scammer with a few mil of
Post# of 43064
I do find it odd that Mr. Heddle loaned money to PTOI on a 12% senior secured note rather than buying shares. Whether the money comes from selling shares or debt, Mr. Heddle has complete autonomy to spend PTOI's money however he sees fit, including on his own salary, while leaving the company owing him that money.
Since Mr. Heddle has complete autonomy in how he spends PTOI's money, he could have at least pretended he wanted to benefit at the same level as common shareholders and purchased shares from the company.
I suppose since trading volume has dwindled, maybe Mr. Heddle wants to focus on getting people to loan PTOI money so he can use that money instead.