"If Heddle hasn't confirmed....at the very least...who it
"If Heddle hasn't confirmed....at the very least...who it is he's dealing with...and an ultimatum...one way or the other...within this extension..."
Nor has he described the contemplated agreement...nor stated what's holding up the negotiations. When a company does absolutely nothing for seven months (or eight years) and the only thing on the company's plate is a potential contract...it's appropriate to give investors a little more color. This is a repeat of PTOI's contracted sale to EcoNavigation...which took over a year of extensions before it was terminated with no excuse given to investors.
The previous extension before the last extension was to address zoning and permitting. Zoning and permitting isn't something normally negotiated nor subject to months of heated discussion about whether the parties want to properly zone and permit a unit. There was no update on whether the zoning and permitting was adequately addressed or not...nor the nature of the 'addressing'.
Investors should absolutely demand information from Mr. Heddle even if they don't get any answer. Mr. Heddle has shown he's dishonest by withholding information about the plant breakage after he became CEO. He's not a man who should be trusted with anyone's money. At the very least, investors should demand that Mr. Heddle explain himself.
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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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