And the way I see it, ladies, you owe me for one jelly doughnut!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Do you have some sort of confirmation if parts are ordered at all ?
Or is it just a random excuse based on pure speculation why there is no sign of activity at the Niagara facility ?
Just a bit of an update.
I talked to someone who went by the Niagara plant a few days ago.
Nothing is going physically at that location at all.
He stated the recent snow hadn't even been plowed and it was easy to see no tire or foot tracks anywhere, as well as no new equipment or vehicles to be seen.
Heddle himself has been telling shareholders to ignore it.
How many times has Heddle filed with the SEC stating they can't get normal financing and would have to rely on equity raises and sales ?
Answer.
Every 10k since he became CEO.
They had to add a massive amount of waste oil to make the process work.
If I recall it was almost 30% of the feedstock.
Maybe higher....it's been a while since I have looked at the ratio.
There are reasons for the price appreciation but the nonsense of 'state governments and one has already committed money ' is ludicrous.
Not only did you not post who you talked to exactly.....you failed to say how whoever that might have been would have all this knowledge of the inner dealings of P2O....why they would feel that info should become public before Heddle makes an announcement.....or how they even know who Heddle might be talking to.
While I believe this company and its products are a POS ....
.....making these kind of ridiculous statements with no actual support or facts does a huge disservice to actual shareholders who do believe.
What 'state government' runs or operates the disposal of plastic waste ?
LMFAO.
Plastic waste is done on township and county level.
And if 'one state in particular has committed money' why hasn't Heddle filed a material event ?
Pumpdity...pumpdity....pumpdity.... splat.
Who is selling all these shares if the supposed big payday is coming with Nulixo ?
It's known as trips batshittery.....
Is this companies near 15 million dollar debt real ?
Would it be real if the people they owed that money to would want to be paid back ?
How much of the real 15 million debt comes out of a possible 3 million dollar sale ?
There is always a chance a sap will buy anything.
Shares of this junk are still selling for example.
Did you ask him why P2O was removed as a partner on the Nulixo webpage ?
It was agreed with Admin to leave the Ibox as is.
This site experienced extreme mod wars over Ibox content and Admin stepped in and asked Mods to cooperate.
Chart and company website only is the compromise.
We would appreciate any new Mod to respect this agreement.
It has worked fine with no issues as every new Mod has come and gone.
Welcome as a new Mod BTW.
I would have bet the farm RedWave would have been the first to be removed after my conversation where they did not even know who Nulixo was and had to be told the web address.
I never did receive any follow up email this week either.
And maybe I'm wrong but I believe the original Nulixo description in 'About Us' mentioned that some of the scrap plastic would be converted to oil after sorting. If that was so it seems to be removed also.
That's the unused blending plant in Thorold.
And they never needed that land to assemble and license anything.
The companies founder used shareholders money to pay 10x the value to his Uncle who owned that blending site.
Then it sat idle and unused for a decade.
It was another sleazy business practice associated with this POS company.
And now they are stuck with it.....they have loans to the company using it as collateral if the loans default and they haven't been able to find a buyer in the 2-3 years it's for sale because they overpaid so much.
When a company shares the same address as it's registered agent it means it is a paper company only.
WTF was Heddle thinking putting out an 8K ?
Was he drunk ?
Or is he operating like another penny stock CEO ?
Paper companies
New websites with false info.
Fake partnerships.
Vague details.
The list goes on.....
Did he honestly think people weren't going to check on any of the vague details he put out ?
When you call ask him why in a call today to the RedWave linked phone number returned with the answer RedWave never heard of Nulixo or P20 and have no idea why Mark Ragus put a link to their company on the Nulixo webpage.
Redwave has never heard of Nulixo or P2O !!
LMFAO.
Did Ragus think nobody would even bother to check ?
I just got off the phone and had to talk the gentleman on the other end from Redwave through this whole thing.
I used the phone number provided by the Redwave link and it takes me to Redwave USA in Georgia.
He asked for the Nulixo web page address and after I gave it to them he said he had zero knowledge of either company or why Nulixo would link their webpage and call them a partner.
I am awaiting either a return phone call or email if he uncovers why they decided to link his company to the Nulixo page.
On a side note....he said in his 20 years in the industry he is well aware of companies in the waste recycling sector who take a basic process and proclaim it to be new and novel. He said the industry is riddled with shady companies.
I wonder if anyone has even stopped to ponder ....if Nulixo actually becomes a corporation....
Where all this waste is coming from ?
They can't buy it... that defeats every business model of profitability.
They would need municipal contracts is the only option I can think of.
And that process is open bid.
It is a good guess whoever has them, or other entities in the waste industry aren't just going to roll over and hand it to them.
Look how long Madison County played out for an example.
It's a wonderful thing to think up a stupid ( and Nulixo is probably one of the dumbest names I have ever heard of), hopefully register as a corporation, and make up a rudimentary website.... it's another getting enough feedstock and contracts to possibly justify spending millions.
And it's a shit ton of waste in order to separate enough to justify spending millions on a Bordynuik science project.
That machine is going to have to run all the time to pay that off.
And if the waste plastic is only part of the waste stream being separated that equates to millions of tons of waste being sorted.
It's a good guess I believe nothing happens with Nulixo until they possibly win a bid for some waste stream...and they are actually going to need dozens in all likelihood.
Thomas Frisina...,double scoop please.
https://m.facebook.com/tom.frisina
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=109751695
So no facilities....just an office in a strip mall and a brand new rudimentary web page.
Typical sham penny stocks filing.
Short on facts.....long on speculation.
How hard is it to be precise and clear ?
Not very.
Unless that is the intent.....and Heddle has a verified history of producing vague and speculative filings and PR's
One thing is clear.....just a few batshitters believed in this yesterday since there was a whopping $2500 spent on the big news.
Heddle has seen his credibility crater even among the faithful.
The 'agreement' (lol) doesn't even state how much the first machine would be bought for.
It just states that the subsequent two would be 3mm each.
Upon the 'effectiveness of the agreement'.
The line is hilarious.
Basically it states whenever this buyer decides, or if they decide , to buy something this agreement goes into effect.
No time frame.... nothing.
If any shareholder thinks this could translate from a paper company into sales and operations of a machine in less than years before any money could possibly be exchanged they are kidding themselves.
The web is an amazing thing.....search words bring back results 9f town meetings, board meetings, minutes, permits, newspaper articles, etc.
If there were serious plans to open a plant in Utah something would pop up.
Zero returns.
And it appears that the sham Veridisyn deal with Robin Curtis might have actually been a better farce.
He agreed to only pay 4mm for the first two machines.
Maybe Nuckleheado would be better served ripping up this agreement and having Robin Curtis supply them with the sham Master Agreement from a couple of years ago and save a couple of million fictous dollars....lol.
The technology isn't effective.
It has never turned a profit.
The machines break down after minimal use and imperfect feedstock.
And because they have sat rusting for over 6 years no improvement or innovation has been made to keep pace with competitors in the industry.
The technology has been around for decades.
What P2O has isn't novel or unique (the numerous patent denials they get from USTPO say this )
If turning scrap plastic into oil by pyrolysis was profitable there would be hundreds ...if not thousands....of operations all over the world.
There isn't.
That tells you everything you need to know.
It's unfortunate you think that's what PTOI shareholders will have left in their accounts once this announcement falls apart like all the others Heddle foisted upon everyone....but probably realistic.
Never happen.
Heddle has the reputation of the CEO 'who cries wolf with nonsense invisible companies' one too many times.
The volume right now shows nobody really believes his 8K.
No Master Agreement ? lol
No Veridisyn and Robin Curtis? lol
Nulixo Inc. is out of Utah ?
CEO of B&D is Steve Price and 6 months ago was looking at making pellets out of waste.
https://www.draperjournal.com/2019/03/27/193410/draper-s-recycling-reality-as-much-as-50-of-recycling-still-ends-up-in-landfill
(p) 905-777-0438 ext. 3
P2O Director Lee Brain
Try bombarding this knucklehead with calls until he responds.
Like all officers of P2O he is accountable to shareholders and as an active director is supposed to be representing your interests.
So far all he has done is collected free shares as compensation.
311 Kenora Ave.
Hamilton, ON L8E 2W3
(p) 905-777-0438 ext. 3
(f) 905-777-0922
So in Oct of 2016 VNDM averaged about 18,000 shares a day in PTOI trading.
Whoopty damn Doo....that is like $700-900 a day based on the PPS at that time.
Thanks for proving my point....lmfao
That is not even close to the 'liquidation of large volumes of shares' so PTOI obviously wasn't one of the companies they were accused of doing this with.
One more time a batshittery conspiracy theory about PTOI shot to shit with facts.
....revealing just how many times Heddle was *active* in PTOI in 2016/2017.....
Zero !!!
P2O Director Lee Brain
Try bombarding this knucklehead until he responds.
Like all officers of P2O he is accountable to shareholders and is supposed to be representing your interests.
So far all he has done is collected free shares as compensation.
311 Kenora Ave.
Hamilton, ON L8E 2W3
(p) 905-777-0438 ext. 3
(f) 905-777-0922
20190920/PTOI/Crayola nonsense
P2O (the company) non operational 6+yrs now.