"It would be instructive to get a tally of early PIPE investors to see just how many of them relied on the media credit valuation as the main reason they invested in the company."

So you're implying that nobody cared about the fake valuation?? So why did Mr. Bordynuik pitch the fake valuation to them at all?? Why did Mr. Bordynuik jump through all of those hoops, even up to paying for the defense of the auditor's felony DUI to get the auditor to sign off on the fake valuation??

Are you suggesting that Mr. Bordynuik is a fraudster just because he loves defrauding people and that he didn't even have any motive in mind beyond simply satisfying his primal urge to defraud victims??

So here's the big picture question for you, Faustus. If a fraudster deceives investors with fake accounting, as an investor should you minimize the act as, "probably nobody relied on it anyway" in order to talk up your investment...or should you, again as an investor, be concerned that the fraudster's claims of having the world's first commercially viable pyrolysis process might also be fake?? Think hard, Faustus. You're taking it on the chin with your investment in PTOI because you don't think fraud is a big deal. Think harder.