Sunday, February 19, 2017 6:33:59 AM
Or the tape reading stuff could have been hauled off to the junkyard along with the original processor.
Just for fun.
From the 2012 10-K:
"In June 2009, the Company purchased certain assets from John Bordynuik, Inc., a corporation founded by John Bordynuik, our Chief Executive Officer. The assets acquired from John Bordynuik, Inc. included tape drives, computer hardware, servers and a mobile data recovery container to read and transfer data from magnetic tapes and these assets are used in the Company’s Data Recovery & Migration business. The Company process for data recovery was developed by the Company’s our Chief Executive Officer, John Bordynuik, and continues to be highly dependent on Mr. Bordynuik to interpret the data."
and
"In light of our business strategy to increase the focus on our P2O business, we anticipate that revenues and profits generated from our Data Business operations will represent a decreasing share, if any, of our total revenues and profits in future reporting periods. Due to these factors, the Company recorded an impairment of $36,500 during the first quarter of 2012 related to the assets of the Data Business."
more specifically
"As such, the Company determined that these assets no longer had value to the Company and recorded an impairment charge of $36,500 to write the assets down to $Nil."
I have the feeling that the entire Data Processing Recovery Operations Center fit into that one "mobile data recovery container".
I think that there are 10-12 containers parked in the front yard of the Blending Facility (that I don't think this company has ever used to blend ANYTHING yet is clung to like a child to its mother) so they can't ALL be full of tape reading equipment.
More likely they are either full of "unwashed, unsorted waste plastics" that can't be turned into "ultra-clean, ultra-low sulphur fuel" as The P2O Advantage pretends to be able to do to this day on the home page of the company website or, as suggested previously, they may be full of "CE's, Hedgies stuck on stoopid, and cretinous filth" although there probably aren't enough containers to hold them/us all. Meth labs? Migrant farm workers?
Even if those containers are empty they have to be worth SOMETHING. Has Heddle heard of Ebay or Craig's list? They look pretty good from above...maybe they belong to someone else?
I was given that information....I don't know.
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