"Again,other than selling, what other options do w
Post# of 43064
The only option left is to wait and hope...just like always.
If you could just see that the math doesn't work out and that there's a reason why Mr. Heddle is tight-lipped about the value proposition, it would be easier to put this behind you and even consider suing Mr. Heddle. It's clear he's lying by omission in not telling investors that he knows the processor isn't worthwhile to run.
With Mr. Bordynuik, it would have been easy to sue. He made clear statements about what the processor could supposedly do. An oil for which refineries offered him WTI-$3 (around $100/bbl at the time) which he could produce for under $10/bbl. The math could easily show that was clear fraud.
With Mr. Heddle, he can just say that it's shareholders' fault if they assume that there's value to the process because he didn't say anything. He can also play dumb and say that he really believed there were a number of buyers who were serious. However there's no way he was so naïve--he knew the contracts were sham agreements from the start.
The bottom line is that Mr. Heddle won't ever start talking so you can be confused as to why he wouldn't want to tell the world how valuable PTOI's processor is...or you can do the math or simply figure out the logical reason why Mr. Heddle stays mute.
It's bizarre how low expectations have become. It's also bizarre how Mr. Heddle could spend three years on each deal, EcoNav and Veridisyn, only to have them fall apart and everyone just says, "Oh well, too bad." What did Mr. Heddle do for all those years that he never suspected that the deals were going bad?!?! PTOI's future hinged on those deals and he never called to figure out why the checks weren't in the mail?? Think about what's going on at PTOI. It's hasn't been good from the start and has only become worse. Even the most optimistic longs have to suspect that something isn't as represented by PTOI or at least that something doesn't smell right.
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