Seems pretty dumb. He evidently had an opportunity to be some kind of conversion contractor for P2O processors on ships which never happened. I would think that his association with JB and probably a few tall tales from him over cocktails made the position and investment sound like a good idea. I often wonder why Heddle just didn't buy processors with that money to sell to all the people who couldn't wait to sail an armada of P2O ships around the globe....LOL