Posted On: 12/01/2014 10:33:53 AM
Post# of 43066
Quote:
One explanation that comes to mind is that Heddle was lying about his intent to build PTO ships, knowing it was a bullshit scam, for the purpose of enabling Bordynuik's fraudulent 19-PR blitz campaign.
Why would Heddle do that? Perhaps because he was one of the 14 recipients of free shares, and helping the pump up his stock to +$7.00 added a few million to his bank account. Or maybe he was greased in other lucrative ways by Bordynuik.
Any money Heddle had loaned the company may well have come from his JBI-Fraud Slush Fund.
investorshangout.com/post/view?id=2341310
Heddle likely does know exactly what is going on here. He was very likely in on the scam and helping Bordynuik to defraud investors from at least the time of the fraudulent 19-PR-Pumpathon.
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