"The good news for longs is that the shorts are ha
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Posted On: 06/01/2017 10:40:51 AM
"The good news for longs is that the shorts are hating that this company is a survivor."
- AlanC
PTOI will undoubtedly "survive" as penny stocks typically do. The stock can trade forever--there's nothing to stop it.
Even next year when Mr. Heddle's 5-year loan becomes due, he won't force PTOI into bankruptcy--there's no reason to do so since he has full autonomy to sell everything now and use that money pay his own salary...but Mr. Heddle will look like a hero for not foreclosing.
In four and a half years when the $600k from debt investors comes due and those investors come with their hand out asking for their money back, an awkward situation will occur: PTOI won't have it. If those investors don't just walk a way, they'll threaten to foreclose but won't find assets. They might ask for 100% equity...in which case Mr. Heddle, if he's still there, will point out that he still owns debt and could simply take 100% equity back. However you look at it, last year's debt investors will walk away empty-handed licking their wounds. Creditors other than Mr. Heddle will face the same issue.
On another topic, short interest is virtually nil but many investors don't believe the short data. However I do strongly believe the share price is kept higher when investors have someone to fight, whether that's short sellers, 'bashers', Agilyx, other message boards, manipulators and/or other existent or non-existent entities. Fighting an enemy keeps investors's minds focused outside of the company's lack of performance and lights a fire under investors which compels them to keep buying. I think it's convenient for investors to keep presenting enemies to each other to battle even when they know that longs are 100% in control of the share price.
- AlanC
PTOI will undoubtedly "survive" as penny stocks typically do. The stock can trade forever--there's nothing to stop it.
Even next year when Mr. Heddle's 5-year loan becomes due, he won't force PTOI into bankruptcy--there's no reason to do so since he has full autonomy to sell everything now and use that money pay his own salary...but Mr. Heddle will look like a hero for not foreclosing.
In four and a half years when the $600k from debt investors comes due and those investors come with their hand out asking for their money back, an awkward situation will occur: PTOI won't have it. If those investors don't just walk a way, they'll threaten to foreclose but won't find assets. They might ask for 100% equity...in which case Mr. Heddle, if he's still there, will point out that he still owns debt and could simply take 100% equity back. However you look at it, last year's debt investors will walk away empty-handed licking their wounds. Creditors other than Mr. Heddle will face the same issue.
On another topic, short interest is virtually nil but many investors don't believe the short data. However I do strongly believe the share price is kept higher when investors have someone to fight, whether that's short sellers, 'bashers', Agilyx, other message boards, manipulators and/or other existent or non-existent entities. Fighting an enemy keeps investors's minds focused outside of the company's lack of performance and lights a fire under investors which compels them to keep buying. I think it's convenient for investors to keep presenting enemies to each other to battle even when they know that longs are 100% in control of the share price.
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(0)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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