Ok. But has anyone been to their location recently to witness the condition of the equipment? No one is going to buy rusty broke down processors. I have a feeling it's clearly in disrepair. Maybe Mr. Heddle should host an investors meeting in Niagara for the "real" investors and show everyone how well the equipment has been taken care of.
Hallelujah!!! After all these years, we finally hear that there's a chance that PTOI might, just might, not make it. A sliver of sanity at last! Hallelujah, Hallelujah, Hallelujah!!!
As previously reported, Plastic2Oil, Inc. (the “Company”) is party to a Memorandum of Understanding (the “MOU”) with a Southern U.S. company regarding potential licensing of the Company’s technology and a potential sale of the Company’s plastic-to-oil processors. On May 24, 2017, the parties agreed to extend the term of the MOU until July 24, 2017, as the parties need additional time to negotiate and finalize a definitive agreement and to address zoning and permitting at the proposed site. The MOU was extended on three prior occasions. There can be no assurance that a definitive agreement will be executed prior to expiration of the extended term of the MOU.