Rather than build the organization to fabricate, install, operate and maintain processors, PTOI management made a decision to utilize an existing organizations capability.
So they blew through $64,000,000 working a business plan for 5 years and just now they decide to ditch it for Plan B?
the irony is some of us (P2O investors) actually wanted this outcome
as many know i had an analyst friend look at P2O's business model .. and that was their advice to me
this is the joy of this national firm's decades of experience
interesting to note mgmt's execution since March of this year
CFO hired (one third of 150k salary in stock .. 50,000 = 500,000 shares) dolt (sec) compliant at an expense of $285,000 for 2013's K alone NYSDEC 5 and 10 year permits >> clearly recognizing P2O's *viability* Finra's change out of P2O's name/ticker/cusip
and now via the public domain for all who've done their DD
we have this national co. with *decades* of leverage >> that can't be impugned
*entity* (snicker) took PTOI *too low* >> they are desperate to PROtect very specific price points
speaking of reaping what is sown ;)
(60 to 66M shares in PTOI's float last 18 months) and over 57M re: *volume* Feb 2013 to July 2014
the *entity* (snicker) clearly understood what the hiring of the CFO in March 2014 meant
and it's why *reset volume* backed off so that April and July had 2 of the lowest *trades* since 2010 (4 years)
*entity* (snicker) rigged the game from the get go .. mgmt's execution re: P2O makes them pay up re: PTOI