You investors should understand that penny stock s
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Sometimes swindlers even pay for their shares...knowing they can immediately use that money to pay themselves back in salary/compensation. Sometimes they loan the company money because they paid themselves a salary and there was no money available. Sometimes they actually loan money to the company use that money to pay themselves. Does that show their faith and commitment when there's no downside, only upside for them to do so??
Only very, very naive shareholders will sing about a CEO or former CEO owning shares or even loaning money to the company when that CEO has full autonomy to use that money to pay their own compensation. If you join in the chorus with these naive people, you will likely be paying a heavy tuition for that lesson. Think about what's going on.
In Mr. Heddle's case, a lot of money supposedly went in and out the door and that undoubtedly went to compensation/interest/salary/other to PTOI's only employee (Mr. Heddle himself). Five years later none of those $millions went to fixing pipes on the processor. Think about why that would be. Put yourself in Mr. Heddle's shoes--first imagine he's an honest business man and second imagine he's a swindler...which scenario fits his actions better?? Then think about what was going on when Mr. Heddle withheld information about the processor being broken--why would an honest man do that?? We know why a charlatan might do that.
Think about what's going on here and whom you should trust. It just might be that the best people to trust are those people who haven't lied to you.