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Thursday, July 30, 2020 12:36:39 PM
Now I see the problem with this statement and how tricky dick works. They secured "commitments" not actual money. "Approximately"? Is that a commitment if the actual dollar amount is unknown? "Intended"? But maybe not? "Initially"? How far into the process is initially? "Should allow"? But maybe not? "Company goal"? Yet no desire to do so. "Licensing"? I thought they were selling processors? Well we know now why nothing has happened. Its proven to all be BS.
The Company secured additional debt financing commitments from two current directors for approximately $250,000 for the intended use of initially restarting one of its processors in such a way that should allow the Company to process used oils and film plastics. It is the Company’s goal to produce and sell #2 fuel oil from the processor to provide operating cash to support P2O’s core technology licensing business. Here's to what Heddle doesn't file next.
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