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  4. Plastic2Oil, Inc. (PTOI) Message Board

"Heddle hasn't paid himself a nickel and you know

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Post# of 43066
(Total Views: 239)
Posted On: 07/14/2017 12:07:11 PM
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Posted By: PaperProphet
Re: Golfgod #36066
"Heddle hasn't paid himself a nickel and you know it."

Sure. Millions keep walking out the door and Mr. Heddle supposedly never sees a dime directly nor indirectly--he's just happy to oversee PTOI's coffers being drained to other people with zero results. The money didn't go for research. 'Selling' was left up to EcoNav in 2015-16 and is now evidently curtailed. Property and equipment is being sold off, not purchased. How expensive is it to 'run' a shuttered plant??

That's the same far-fetched argument 4kids gave me about the headquarters sale. The sales price was $510k (CAD), the mortgage was $200k...yet supposedly all of the money went to the mortgage, real estate taxes and closing costs with $0 left over and I was lying for suggesting otherwise.

PTOI's accumulated deficit increased $20M since Mr. Heddle took over. Sure some was for depreciation but what about the cash/loans?? Where did all the cash go??


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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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