Posted On: 12/18/2016 2:41:55 PM
Post# of 43065
When I wrote the article about JBII/PTOI on SeekingAlpha, the drop in the stock price showed some people did evaluate the information and sold their shares. Most, however, seemed to hold onto their shares and lashed out at me. It's certainly in investors' best interests to evaluate whether they're being scammed but often they would rather fight than think.
Here's the article...with PTOI continuing its pattern of delays even today, five years later: http://seekingalpha.com/article/319080-john-b...n-of-worms
Notable comments on the article:
"You are now on record as calling this company a scam at a price of $1.50. Time will tell who is right."
"6 months later and this article is starting to stink badly of 'wish I hadn't sold so many shares short at .50'"
"The process works, the company is growing quickly, and this "hit piece" you've written looks more and more like you have an agenda or personal vendetta against JBI. Could have been that cease and desist letter they sent you a couple years ago, huh?"
Today the shares are between $0.03 and $0.04, trading volume is a trickle and only a few investors are left defending and promoting the company. The company itself has issued five years of carrots and delays since the article and, as always, is telling investors that they're on the cusp of producing results.
Despite PTOI's investors' reluctance to objectively evaluate the company, I would still rather have seen those investors keep their money than have seen that money end up in Mr. Bordynuik's and Mr. Heddle's pockets as it did...but I'll have to say that it's hard to be sympathetic with some investors' losses.
Here's the article...with PTOI continuing its pattern of delays even today, five years later: http://seekingalpha.com/article/319080-john-b...n-of-worms
Notable comments on the article:
"You are now on record as calling this company a scam at a price of $1.50. Time will tell who is right."
"6 months later and this article is starting to stink badly of 'wish I hadn't sold so many shares short at .50'"
"The process works, the company is growing quickly, and this "hit piece" you've written looks more and more like you have an agenda or personal vendetta against JBI. Could have been that cease and desist letter they sent you a couple years ago, huh?"
Today the shares are between $0.03 and $0.04, trading volume is a trickle and only a few investors are left defending and promoting the company. The company itself has issued five years of carrots and delays since the article and, as always, is telling investors that they're on the cusp of producing results.
Despite PTOI's investors' reluctance to objectively evaluate the company, I would still rather have seen those investors keep their money than have seen that money end up in Mr. Bordynuik's and Mr. Heddle's pockets as it did...but I'll have to say that it's hard to be sympathetic with some investors' losses.
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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.
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