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  4. Plastic2Oil, Inc. (PTOI) Message Board

Still hasn’t paid his vendor for the kilns and t

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Post# of 43066
(Total Views: 334)
Posted On: 07/08/2018 7:09:52 AM
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Posted By: hammchuck
Still hasn’t paid his vendor for the kilns and towers still sitting in the yard at Colgate.

What a waste of shareholder equity.
Not only is the storage and penalty accruing as every day goes by.....but why we're extra towers and kilns ever even constructed ?
None of these particular parts would take a massive amount of time to make if an actual deal is ever signed.
We know from Heddle that it would take at least a year if not longer to get a site up and running.....so why couldn't the have been farmed out to an egineering/build firm at the same time and let the client absorb all the cost ?

Oh wait.....Heddle is trying to sell them in a package deal and have the client pay for years of storage and penalty....,on top of rusting towers and kilns that will need to be refurbished to be useful.

It wouldn't be a surprise that every potential client has done the research and realizes Heddle is making them eat the cost of his ineptness.


Just another collosal waste of shareholder equity.





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