Posted On: 06/12/2015 11:18:51 PM
Post# of 43064
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Re: ThePennyShill #20222
"Everyone is on the COMMITTED BAGHOLDER LIST but for one notable exception. John W. Bordynuik. He sold his shares to you at 20X the current price."
That's exactly it too. Mr. Bordynuik concocted the, entirely baseless, catalyst story and bald-face lied to thousands of investors that he could make crude oil and even diesel for under $10/bbl out of waste plastic. He represented that he tested the process in the 1kg machine and in the 1-ton machine and said everything worked swimmingly. Through all the testing, Mr. Bordynuik maintained and defended the fake $10/bbl cost, WTI-$3 or diesel price story. Then Mr. Bordynuik announced full commercial operations of the fully tested processor. Supposedly 115 bbls/day and clearing around $90 for each barrel, which gave the process more credibility to investors even though that story was fake too. Mr. Bordynuik is a swindler, plain and simple.
People can look at EstimatedProphet's (same last name but no relation) spreadsheet from early 2010. Investors like EstimatedProphet fully believed that Mr. Bordynuik's baseless and fake claims were 100% true. That spreadsheet showed enormous profits starting in 2010 and ramping up from there. No, EstimatedProphet didn't make a math mistake--his spreadsheet was fully consistent with the story Mr. Bordynuik told.
And today, look at the sheer anger that investors have for Mr. Bordynuik for defrauding them! Cricket chirps, tumbleweed rolls by. That's right, there's NONE!
Investors' anger has been and is fully directed at the skeptics who have been warning that PTOI was a scam and that the math didn't work out. I don't have a dime of investors' money...but I have 100% of their vitriol. Mr. Bordynuik has $2,000,000 of investors' money just by what was made public and probably multiples of that which wasn't disclosed, is driving a Hummer, has a hotel, has kids driving Escalades...and investors rush to Mr. Bordynuik's side and defend him even when he defrauds investors with accounting, let alone the fake claims.
Psychology aligns with incentives and that's why we have bizarro world.
That's exactly it too. Mr. Bordynuik concocted the, entirely baseless, catalyst story and bald-face lied to thousands of investors that he could make crude oil and even diesel for under $10/bbl out of waste plastic. He represented that he tested the process in the 1kg machine and in the 1-ton machine and said everything worked swimmingly. Through all the testing, Mr. Bordynuik maintained and defended the fake $10/bbl cost, WTI-$3 or diesel price story. Then Mr. Bordynuik announced full commercial operations of the fully tested processor. Supposedly 115 bbls/day and clearing around $90 for each barrel, which gave the process more credibility to investors even though that story was fake too. Mr. Bordynuik is a swindler, plain and simple.
People can look at EstimatedProphet's (same last name but no relation) spreadsheet from early 2010. Investors like EstimatedProphet fully believed that Mr. Bordynuik's baseless and fake claims were 100% true. That spreadsheet showed enormous profits starting in 2010 and ramping up from there. No, EstimatedProphet didn't make a math mistake--his spreadsheet was fully consistent with the story Mr. Bordynuik told.
And today, look at the sheer anger that investors have for Mr. Bordynuik for defrauding them! Cricket chirps, tumbleweed rolls by. That's right, there's NONE!
Investors' anger has been and is fully directed at the skeptics who have been warning that PTOI was a scam and that the math didn't work out. I don't have a dime of investors' money...but I have 100% of their vitriol. Mr. Bordynuik has $2,000,000 of investors' money just by what was made public and probably multiples of that which wasn't disclosed, is driving a Hummer, has a hotel, has kids driving Escalades...and investors rush to Mr. Bordynuik's side and defend him even when he defrauds investors with accounting, let alone the fake claims.
Psychology aligns with incentives and that's why we have bizarro world.
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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.