Plastic2Oil Inc (PTOI)

[jaxstraw]

Actually Bogolin has cut more expenses than Heddle by half a million dollars.

Heddle only cut 800k. Boglin cut 1.3 million.

.....and it was Bogolin that fired 1/3 of the workforce ...not Heddle.

Based on operational data from the first six months of 2013, the Company estimates total annualized cost savings as a result of these measures to be approximately $800,000. In July, the Company announced additional cost reduction measures that it anticipated would result in annualized cost savings of approximately $1.3 million.