Not sure I follow the theory - Heddle, being a conniving con man, gives John $1M early on in the "development" of PTOI. He then somehow gets appointed CEO of the scam company that burned through $60M+ of other people's money building a processor that won't work, and then he lends that very same scam company $3M more of his own money (apparently risk free) so that he can keep selling enough shares to pay some bills (but not others, like fixing the processors) until such time as he can hopefully pull off a pump and dump scheme like the ones he tried earlier (that apparently didn't work) that will allow him to sell lots of shares to unsuspecting marks for as much money as he can, before he finally shuts everything down and walks away with the loot.
That's the theory?
That's ONE theory....there are few others floating around. Thank you for cramming many of the last year's posts into one paragraph. :)
When PTOI starts generating some revenue from leases, sales, user agreements, etc., the bee hive will get pretty active. I doubt there will be much that gets heard (or read) when everyone tries to play catch-up with the short position...it's the calm before the storm and that works for me.