Plastic2Oil Inc (PTOI)

[jaxstraw]

What bullshit.

Heddle has other businesses worth tens of millions.
He has assests worth tens of millions.

He is the one using Heddle Marine to loan this POS cash so he has already used that avenue to be involved in the loan process.

He could walk into any bank and get a $5mm SBA 7a loan for the current interest rates of around 6 to 8 % without blinking an eye just by signing his name.

He has been buying marine facilities and prime real estate and using commercial banks for those ventures.

He instead chose to lend the company his own money at exorbitant interests rates and rape shareholders in the process.