Plastic2Oil Inc (PTOI)

[jaxstraw]

Heddle has the worst performance of any CEO in this companies history.

He ushered in and has maintained the lowest stock prices.

He has nearly doubled the share count.

He has used the lowest denomination of share price for financing to date multiple times thereby keeping the stock price near all time lows for over that year. Or as you put it ....'stable'....good grief.

He hasn't sold a single processor in the nearly 23 months since switching the business plan.

He might have slowed financial hemorrhaging as you put it....but he has also failed to put a single dollar of profit in the company coffers either since he took over.

He also has stopped paying company debt to several vendors and has had liens and judgments enforced as well as having another note holder of the mortgage added.

He watched Crayola dump them as a partner because the machines broke down and the company had neither the capital or credit to make repairs.

And he withheld the material information of the processors being broken down junk for over six months from investors and shareholders.


Short sighted ?

Hardly.