I just saw someone say, "Yes and Mr Heddle owns 7.
Post# of 43066
(Total Views: 985)
Posted On: 08/07/2021 12:13:02 PM
I just saw someone say, "Yes and Mr Heddle owns 7.000,000 shares so he is also feeling it...."
Except that's not how it works. CEO Richard Heddle has complete autonomy over all aspects of PTOI. When he writes a check to the company, he can turn around and pay himself that money while making investors believe he's investing in the business.
Likewise when Mr. Heddle convinced the two board members, Mr. Aspin and Mr. Brain, to invest, that money went into the company coffers and Mr. Heddle spent that money. You can decide whether he wasted that money or whether he simply paid himself.
Likewise with the substantial insurance settlement for the company's previous fraud. Mr. Heddle spent that money how he saw fit. Again you can decide if he keeps foolishly throwing away the money without realizing any return for shareholders or if he instead pockets it.
Likewise with the property sale which brought in money...
If you think Mr. Heddle lost money here then I strongly, strongly disagree.
.
Except that's not how it works. CEO Richard Heddle has complete autonomy over all aspects of PTOI. When he writes a check to the company, he can turn around and pay himself that money while making investors believe he's investing in the business.
Likewise when Mr. Heddle convinced the two board members, Mr. Aspin and Mr. Brain, to invest, that money went into the company coffers and Mr. Heddle spent that money. You can decide whether he wasted that money or whether he simply paid himself.
Likewise with the substantial insurance settlement for the company's previous fraud. Mr. Heddle spent that money how he saw fit. Again you can decide if he keeps foolishly throwing away the money without realizing any return for shareholders or if he instead pockets it.
Likewise with the property sale which brought in money...
If you think Mr. Heddle lost money here then I strongly, strongly disagree.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.