I'm pretty much here to watch everything unfold.
Post# of 43064
I really don't have anything positive to say about JBI. I'm very sure that there's no value to pyrolyzing HDPE, PP or LDPE plastics regardless of the catalyst and regardless of how snazzy the processor design. I really do believe that Mr. Bordynuik had no basis for his grandiose claims and I do believe he's a swindler.
Yes, I'm guessing Mr. Heddle is a pretty big fool to have put up $3 million...but then again a lot of PIPE investors put up a lot of cash too. I'm sure they did that because Mr. Bordynuik misrepresented his catalyst and they decided to plunk down their cash without asking for any evidence that what came out of the processor was worth more than the feedstock going in. Not entirely their fault because a people should expect others to be somewhat trustworthy...but that falls apart when a person meets a penny stock operator.