"Because they had no money, and as such wanted to
Post# of 43064
Did PTOI ever say that?? Maybe Capitalgain should check his sources. If running the facility is too expensive then what customer would pay $2M for a processor guaranteed to lose money when running?? Can customers run the processors much more efficiently than PTOI can??
Mr. Heddle burned through $21M since he took the CEO position anyway. That seems like more money than a processor could possibly lose in that time...although those costs couldn't include Mr. Heddle loaning PTOI money to pay his own compensation.
I'm starting to get the impression that investors don't like anyone saying bad things about their company.
I don't mind if shareholders hold on...and they should reap all the profits if PTOI makes it. But making up stories to make excuses for PTOI while trying to lure new investors into this sewer of a company is wrong.
In fact those who believe in PTOI should stay quiet and hope the phantom evil shorts drive down the share price so they can scoop shares up even cheaper. Talking up the stock only means those who truly believe in PTOI will have to pay more for their shares. You people who believe in PTOI should keep your 'golden goose' of a company secret.
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