Rick was a disaster from the start. When he got in
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Posted On: 04/02/2017 11:29:32 AM
Re: PaperProphet #35082
Rick was a disaster from the start. When he got in and the pps was at $0.50 he should have raised money and tried to make a go of #3. Not wait till you run out of money and then shut #3 down and then spend 4 years trying to sell down a rusty, broken turd.
Rick will never sell a machine!
Rick is better to stop micromanaging, step down and let someone run the company who knows what they are doing and will put in more than a few hours a month.
Rick will never sell a machine!
Rick is better to stop micromanaging, step down and let someone run the company who knows what they are doing and will put in more than a few hours a month.
Quote:
Getting a new CEO would be CEO number 5 for PTOI. The quality of the CEO may be an issue with PTOI, but it's not the main issue.
I'm not saying Mr. Heddle isn't an issue. With him telling investors in late 2013 that the only problem with production is getting an operator to match Mr. Bordynuik's amazing throughput on the processor...then six months later telling investors that the processor had been busted due to freeze damage for those six months, shows honesty isn't Mr. Heddle's strong suit.
There's nothing worse than entrusting investment money to a dishonest person and giving that person autonomy to spend the money as he sees fit.
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