"At least you are consistent...Consistently wrong.
Post# of 43064
That's just it. Many shareholders have unending faith but seem to have little objectivity. They have a path and, for whatever reason, they're not deviating. A few seem proud to have stayed the course and have voiced their intent to never sell. I believe they won't ever sell.
If a decade of the company's operational non-performance isn't enough to make the remaining shareholders suspect there's a problem with the company's claims then what's the right number of years?? Twenty years?? Fifty years?? A century?? At what point can a trusting shareholder say, "Maybe the company alone is to blame for its stock price and all of these other scapegoats I've been pointing out aren't the real culprits."
Don't get me wrong, it's shareholders' money and they can lose it in whatever fashion they see fit--maybe that's even good for the markets in some strange way. However this unwavering faith is a common theme on the message boards of penny stock scams and it's hard to look away. I've never understood the rationale so it fascinates me. What exactly would have to happen at PTOI for shareholders to entertain the notion that the principals at the company may have fraudulently misrepresented the technology?
Mr. Heddle certainly is keeping the ball in the air by announcing $2M deal after $2M deal--even though the deals never materialize, it leads investors to believe that there must be some value otherwise they believe such deals would never be announced. As long as Mr. Heddle hides the true value of the process and keeps announcing sham deals to mislead investors into thinking there's value, the story can go on.