"I would rather see the company make $0.10 a gallo
Post# of 43064
That's a leading statement. Do you have any reason to believe that PTOI can process any type of oil, or anything else, at any profit whatsoever? Are you relying on something Mr. Heddle said in order to come to that conclusion??--if so, be careful.
Mr. Heddle isn't stupid. If there were any profit to be had in processing any feedstock that PTOI has tried in the past decade, Mr. Heddle would be running those processors full time.
You can bet that the reason that Mr. Heddle doesn't run the processors and doesn't communicate the value is not because he's brain dead--he knows exactly what he's doing. He doesn't run the processors and doesn't communicate the value because there is no value.
Mr. Heddle is not too busy to make a profit--a replicable way to make a commodity at a discount would be worth much more than Heddle Marine. Mr. Heddle isn't bad at communicating either--using either his mouth or his fingers, he's able to run his private business by communication. He chooses not to communicate to PTOI investors the results of the processor.
Apparently Mr. Heddle's lack of communication is still paying off--this year PTOI director Mr. Aspin plunked down another $100k which Mr. Heddle undoubtedly will use to pay his own compensation. Another free $100k on top of the few million he received in settlements for PTOI's own fraud, sales of property, the $600k from not that long ago from Mr. Aspin and another investor. Free money keeps rolling in as long as Mr. Heddle doesn't do anything stupid like telling investors that he process isn't economically viable.