"No doubt many investors cheered when RH took over
Post# of 43066
(Total Views: 119)
Posted On: 10/04/2017 12:44:31 PM
"No doubt many investors cheered when RH took over, I for one did as PTOI was in a really bad shape with the investor group about to get their hand on JBs 1 mil preferred shares with 100 mil voting rights."
CapitalGain has me on ignore so I can't reply to him but he's completely mistaken about the super voting preferred. The agreement was for Mr. Bordynuik to establish an independent board of directors and then *cancel* those super voting preferred shares, not to give it to them to seize control. Their agreement would have benefited all shareholders.
Shareholders will always vote in their best economic interests, as they should. The only reason anyone ever establishes a super voting class of shares in the first place, as PTOI founder Mr. Bordynuik did, is when he knows his actions will be taken to benefit someone other than regular shareholders...to the detriment of those shareholders' economic interests. There's no other reason to remove shareholders' ability to effectively vote in their own best interests.
It's a good topic, much better than NSS theories, bid jumping and evil entities plotting to destroy PTOI...but still pales in comparison to the question as to why Mr. Heddle doesn't ever disclose the results of the processor runs. How are investors ever supposed to value the company when the value of the technology is kept secret?? The math appears to strongly indicate the technology is worthless--why can't Mr. Heddle simply vanquish all of the skeptics by disclosing how well the processor produces economic results??
CapitalGain has me on ignore so I can't reply to him but he's completely mistaken about the super voting preferred. The agreement was for Mr. Bordynuik to establish an independent board of directors and then *cancel* those super voting preferred shares, not to give it to them to seize control. Their agreement would have benefited all shareholders.
Shareholders will always vote in their best economic interests, as they should. The only reason anyone ever establishes a super voting class of shares in the first place, as PTOI founder Mr. Bordynuik did, is when he knows his actions will be taken to benefit someone other than regular shareholders...to the detriment of those shareholders' economic interests. There's no other reason to remove shareholders' ability to effectively vote in their own best interests.
It's a good topic, much better than NSS theories, bid jumping and evil entities plotting to destroy PTOI...but still pales in comparison to the question as to why Mr. Heddle doesn't ever disclose the results of the processor runs. How are investors ever supposed to value the company when the value of the technology is kept secret?? The math appears to strongly indicate the technology is worthless--why can't Mr. Heddle simply vanquish all of the skeptics by disclosing how well the processor produces economic results??
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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.