Posted On: 03/16/2015 9:33:55 PM
Post# of 43065
I can certainly see the bitter hatred the longs have for the 'bashers' who call PTOI a scam...but I'm certain most investors here wouldn't have invested at all if it weren't for Mr. Bordynuik shouting from the rooftops that he had found a secret catalyst which allowed him to make 'fuel' for under $10/bbl with offers in hand to buy that fuel for WTI-$3--in a process he had already tested out. WTI-$3 was about $75/bbl at the time and investors were buying stock at prices representing up to a market cap of $500M.
99% of the market cap evaporated over several years as people started to figure out that Mr. Bordynuik was lying his butt off about those figures. 'Bashers' didn't do that--the founder, whose work you faithful investors still hold sacred, is a swindler and bald-face lied to you. If you didn't figure out that Mr. Bordynuik is a swindler from his fake claims, the investigation published by the SEC regarding Mr. Bordynuik's accounting fraud should have driven that point home. Mr. Bordynuik is not an honest man. He's the reason you've collectively lost $500M in market cap, that's not the fault of the people pointing it out.
So why are the investors posting here so hopping mad at the people who warned them that they were being scammed by PTOI??...rather than being mad at the company itself which actually took investors' money under gross misrepresentations of the facts??!! Even if you don't believe you were defrauded, you have to at least see that the company willfully misrepresented its situation a number of times and that resulted in you losing money. It's not 'bashers' who are your problem.
99% of the market cap evaporated over several years as people started to figure out that Mr. Bordynuik was lying his butt off about those figures. 'Bashers' didn't do that--the founder, whose work you faithful investors still hold sacred, is a swindler and bald-face lied to you. If you didn't figure out that Mr. Bordynuik is a swindler from his fake claims, the investigation published by the SEC regarding Mr. Bordynuik's accounting fraud should have driven that point home. Mr. Bordynuik is not an honest man. He's the reason you've collectively lost $500M in market cap, that's not the fault of the people pointing it out.
So why are the investors posting here so hopping mad at the people who warned them that they were being scammed by PTOI??...rather than being mad at the company itself which actually took investors' money under gross misrepresentations of the facts??!! Even if you don't believe you were defrauded, you have to at least see that the company willfully misrepresented its situation a number of times and that resulted in you losing money. It's not 'bashers' who are your problem.
(0)
(0)
Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
Scroll down for more posts ▼