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  4. Plastic2Oil, Inc. (PTOI) Message Board

Just the barest flutter of volume I totally don't

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Post# of 43066
(Total Views: 323)
Posted On: 02/14/2017 2:17:44 PM
Posted By: sleztek
Re: sleztek #34393
Just the barest flutter of volume
I totally don't remember what we're waiting for here. darn.
Hate to beat the MOU errrrr, drumbeat, but, sigghhhhh, 3 years of darn MOUs are pretty thin soup stock and have been a recipe for failure!
All the useless $$$$ poured down the drain while not even one cent spent on R&D (that's research and development) or advertising and sales in three years.
The ol' HQ up in Thorold was left to rot for a couple years and for some reason it went into default while the company was spending $$$$Millions. Huh??? STILL in default, and all we read for a year is how PTO should lease it, and that's of course impossible because it's been in default since 2015. Why such obvious misinformation? Any sale of the place sure won't help shareholders... just help Heddle liquidate.
Yep, given exactly what has transpired since they ceased operations three and half years ago, i.e. the ridiculous amount of debt Heddle has assigned to himself and related parties with the only effort (albeit very minimal) applied to liquidating the remaining assets... given that, I'm surprised there's any volume whatsoever.


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