There it is...proof that Mr. Heddle hasn't taken a
Post# of 43066
(Total Views: 233)
Posted On: 11/15/2017 9:37:34 AM
There it is...proof that Mr. Heddle hasn't taken any salary! Does that also extend to Mr. Heddle not receiving compensation of any sort??
4kids says, if memory serves her, that she believes Mr. Heddle might have mentioned at some point, maybe 2013, that he wouldn't take a salary. And of course we all know that Mr. Heddle is honest as the day is long, despite his flagrant deception in not telling investors the plant was out of commission.
I wonder where the "millions" went which Mr. Heddle loaned to PTOI. The plant is shuttered and will have minimal expenses. None of the money went to fix the processors, to pay the mortgage on the property or even the property taxes. In the past, vendors had to put mechanic's liens on the property because they weren't paid either. What is this SG&A expense that Mr. Heddle holds so sacred above all other expenses...so much that he allegedly won't even take a salary because he's conserving cash to pay for this un-named expense??
...of course the much more likely explanation is that Mr. Heddle is primarily paying himself out of the money he's loaning to PTOI as well as paying himself out of the money from selling off property, selling notes to unwary investors for $600k last year and receiving the insurance settlement. I'm guessing Mr. Heddle has collected more for himself from PTOI than he's loaned to PTOI...and PTOI still owes Mr. Heddle all that money loaned.
4kids says, if memory serves her, that she believes Mr. Heddle might have mentioned at some point, maybe 2013, that he wouldn't take a salary. And of course we all know that Mr. Heddle is honest as the day is long, despite his flagrant deception in not telling investors the plant was out of commission.
I wonder where the "millions" went which Mr. Heddle loaned to PTOI. The plant is shuttered and will have minimal expenses. None of the money went to fix the processors, to pay the mortgage on the property or even the property taxes. In the past, vendors had to put mechanic's liens on the property because they weren't paid either. What is this SG&A expense that Mr. Heddle holds so sacred above all other expenses...so much that he allegedly won't even take a salary because he's conserving cash to pay for this un-named expense??
...of course the much more likely explanation is that Mr. Heddle is primarily paying himself out of the money he's loaning to PTOI as well as paying himself out of the money from selling off property, selling notes to unwary investors for $600k last year and receiving the insurance settlement. I'm guessing Mr. Heddle has collected more for himself from PTOI than he's loaned to PTOI...and PTOI still owes Mr. Heddle all that money loaned.
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