So when Mr. Bordynuik made it clear publicly that
Post# of 43064
Posted On: 04/12/2014 8:29:35 PM
So when Mr. Bordynuik made it clear publicly that he could produce crude oil for under $10/bbl based on his testing the two small processors and testing the first commercial processors and said that he had offers in hand to purchase his oil from Somerset for WTI-$3, you're saying he believed it to be true?? Those are very specific numbers to have come to him in a dream...and if he fantasized about it, don't you think he should have verified the information before he publicly announced it as factual data??
Law often comes down to whether actions are reasonable. Such as if a reasonable man acting honestly and rationally would have made the decisions which Mr. Bordynuik made. If you're right and Mr. Bordynuik simply naively believed his false statements were true, he knew that millions of dollars of investors' money depended on his words being true. Not having any basis but driving that fiction home to investors over and over because he somehow believed in his heart it was true isn't reasonable. I don't think it's even gross negligence. It's fraud.
Law often comes down to whether actions are reasonable. Such as if a reasonable man acting honestly and rationally would have made the decisions which Mr. Bordynuik made. If you're right and Mr. Bordynuik simply naively believed his false statements were true, he knew that millions of dollars of investors' money depended on his words being true. Not having any basis but driving that fiction home to investors over and over because he somehow believed in his heart it was true isn't reasonable. I don't think it's even gross negligence. It's fraud.
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