Heddle had/has a number of options to recover his investment, including having paid himself back by Heddle Marine billing PTOI for services rendered...
In the future Heddle can clean up PTOI by issuing himself preferred stock in exchange for the money already invested for majority control and leave the common stock holders with minimal ownership or squeeze them out altogether...
Then turn around and either sell the company as a shell or reverse merge another business into it and still be able to maintain ownership (majority or not) thereby leaving common shareholders with virtually nothing...
Heddle is in a no lose position regardless what happens while the common shareholders have everything to lose; it's been like that since day one...
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