Plastic2Oil Inc (PTOI)

[loanranger]

The "why doesn't he use the diesel himself?" question is a good one. Right up there with "why isn't he cashing in on the benefits he's entitled to with Plastic2oil Marine?"

"Plastic2Oil Marine, Inc., one of the Company’s subsidiaries, which is currently not operating, entered into a consulting service contract in 2010 with a company owned by Mr. Heddle, who later (in 2014) became the Company’s Chief Executive Officer. The contract provides the related company with a share of the operating income earned from Plastic2Oil technology installed on marine vessels which are owned by the related company. The contract provides a minimum future payment equal to fifty percent of the operating income generated from the operations of two of the most profitable marine vessel processors and 10% from all other marine vessel processors. At December 31, 2018, there were no installed marine vessel processors pursuant to the contract."

If I was him I'd get right on that. In fact I'd have gotten right on that 9 years ago.