A 100% jump today to $0.04. Yes. It seems there

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Posted On: 10/21/2017 4:14:12 AM

Posted By: Faustus

Re: PaperProphet #37737

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A 100% jump today to $0.04.

Yes.

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It seems there was pent up demand for something to happen at the company. The two new board members and a new 'deal' in the works sparked a pop...even though everyone already knows this deal won't be any different than the last eight years of 'deals'.

Well - hope springs eternal. Don't be such a negative Nellie.

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On another note, it will be interesting to see what eventually happens with the new board appointments. Mr. Heddle must have had some reason to bring on the directors. Right now I'm guessing that both new directors feel they're responsible to do the CEO's bidding and might not realize they actually have a fiduciary responsibility to investors.

It's equally possible that your guesses are worthless. But your arrogance and smugness are legendary here, so, no surprises.

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I'm not sure what Mr. Heddle has planned...but undoubtedly it's something which could be seen as working against shareholders' interests and 'independent' directors are needed to legitimize the plans.

Or, undoubtedly, Mr. Heddle plans on raising this Phoenix from the ashes to benefit all shareholder interests, along with the newly appointed board members.

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If Mr. Aspin and Mr. Brain are smart, they'll log all of their interactions with the company and think hard about whatever they do. It's not uncommon for directors in this situation to find themselves in legal trouble.

And what situation is that, Pee Pee? Being appointed as board members to a start up? Of course! That whole "fiduciary responsibility" thing is way too tough to understand for the common man. Thank goodness you are here to show us the way. Maybe you could apply for a board position yourself! After all - you are THE standard of shareholder watchdog - the quintessence of business righteousness. How could he not seat you, too?

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As investors can see, the previous fraud charges from the SEC didn't stop at PTOI's door nor at founder Mr. Bordynuik's door. Ronald Baldwin also was charged with fraud and all Mr. Baldwin did was look the other way as Mr. Bordynuik misrepresented data to investors. Mr. Aspin and Mr. Brain could find themselves in a similar situation if they're not careful.

Never met them, but if I were either Mr. Aspin or Mr. Brain, I'd thank you for your concern, tell you to have a nice day, and continue to live my life as I see fit, not as you see fit....

At the end of the day, despite all your prognostications, PTOI is still around, and if you would have taken my advice, you would have made some handsome returns compared to the lossy mattress.