I think many of the remaining longs deal with the
Post# of 43066
Posted On: 06/06/2014 12:12:04 PM
Re: mahatmapaul #8883
I think many of the remaining longs deal with the sinking share price by blaming boogeymen because they can't handle the pain of thinking that they have been scammed. That's not a trivial amount of money in aggregate which was lost--there are unhappy investors and then there are investors who are sleeping through it.
No question about the cost to fix the condensers. Mr. Heddle came up with $3M of his own cash...but he won't put in an extra $200k for a percentage of the equity?? At the $0.05 offering for one of the last PIPE's, he could get four million shares and options to boot.
Likewise Mr. Bordynuik raked in a boatload of cash from misled investors but he's willing to let his life's work sit idle six months to indefinitely until someone gives him more cash to fix it?? There's a reason--he knows his secret catalyst is worthless, otherwise for the cost of two of his kids' Cadillac Escalades he could have been back up six months ago.
The bottom line is that everything adds up to Mr. Bordynuik's 'technology' being worthless...but Mr. Bordynuik with the help of posters, injects just enough suggestion and ambiguity to keep investors 'connecting the dots' and averaging down. He's going to walk them right past the fraud statute of limitations and they will be none the wiser.
The smart thing would be for investors who care enough to do their DD, to actually e-mail the company and ask if any feedstock was located which P2O has been able to transform into a material of a proven higher value. ...or to ask what other obstacles besides financing stand in the way of processors #2 and #3 running in full production. However I've been unable to get any remaining long to buy into that logic.
No question about the cost to fix the condensers. Mr. Heddle came up with $3M of his own cash...but he won't put in an extra $200k for a percentage of the equity?? At the $0.05 offering for one of the last PIPE's, he could get four million shares and options to boot.
Likewise Mr. Bordynuik raked in a boatload of cash from misled investors but he's willing to let his life's work sit idle six months to indefinitely until someone gives him more cash to fix it?? There's a reason--he knows his secret catalyst is worthless, otherwise for the cost of two of his kids' Cadillac Escalades he could have been back up six months ago.
The bottom line is that everything adds up to Mr. Bordynuik's 'technology' being worthless...but Mr. Bordynuik with the help of posters, injects just enough suggestion and ambiguity to keep investors 'connecting the dots' and averaging down. He's going to walk them right past the fraud statute of limitations and they will be none the wiser.
The smart thing would be for investors who care enough to do their DD, to actually e-mail the company and ask if any feedstock was located which P2O has been able to transform into a material of a proven higher value. ...or to ask what other obstacles besides financing stand in the way of processors #2 and #3 running in full production. However I've been unable to get any remaining long to buy into that logic.
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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.