I do think PTOI's shareholders have good case against Mr. Heddle for fraud. Certainly he knows that the various deals he announced won't come to fruition. The current one with Mr. Curtis/Veridisyn LLC has been in the works for two years and an agreement has been struck for Veridisyn to buy two processors for $2M each by April 20th. Mr. Heddle certainly knows there won't ever be an operating processor with Veridisyn nor anywhere else but that doesn't stop him from announcing deal after deal.
If investors come up with an innovative way to show the deals are shams, either through the lack of value of the process or the lack of any type of commitment or wherewithal from Mr. Curtis of which Mr. Heddle would be well aware, investors could probably bring Mr. Heddle up on fraud charges and get at least a partial recovery of their investment.
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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.