I'm still astonished by the fact that even the gro
Post# of 43066
Posted On: 06/11/2014 10:21:03 AM
Re: PaperProphet #9168
I'm still astonished by the fact that even the growing list of longs who are starting to realize they've been duped don't seem capable of grasping the entire picture:
a) There is a 2011 video clip of JB on TV, lying to the entire world, making a list of claims that we now know with certainty were lies aimed at misleading investors.
b) There is the voluminous evidence the SEC put together when they sued JB for securities and accounting fraud and made publicly available.
c) There is JB's own admissions to willfully misleading investors and acting illegally against their interests, and using his own kids and mom to do it, in the OSC settlement.
Yes, some of the "realizers" will go so far as to admit that perhaps JB was lying when he was talking up $10/bbl oil. But none of them are capable of making the stretch that he's a liar and crook by his own admission, and JBI only ever was, and still is, his vehicle to transfer the money from shareholders' bank accounts into his own.
That this is established by his own words and admissions, supported by a body of evidence that was assembled by two different regulatory agencies in two different countries, just doesn't seem to really hit home.
I kinda get the feeling that it simply isn't in the DNA of anyone who is capable of falling for a scam like this to really connect all the dots, from JB being a self-admitted crook, to JBI in all its versions (including its most recent one of being a seller of unpatentable and unprofitable processors) being an outright scam through and through.
Somehow this man who admits to lying and acting illegally for a stretch of time from 2008-2011, who got on national TV and lied his ass off, who changes is story from $10/bbl oil *already* in the bag to selling unprofitable processors, still leaves doubt in the minds of anyone but those who immediately saw JBI for the scam it was right from the start.
a) There is a 2011 video clip of JB on TV, lying to the entire world, making a list of claims that we now know with certainty were lies aimed at misleading investors.
b) There is the voluminous evidence the SEC put together when they sued JB for securities and accounting fraud and made publicly available.
c) There is JB's own admissions to willfully misleading investors and acting illegally against their interests, and using his own kids and mom to do it, in the OSC settlement.
Yes, some of the "realizers" will go so far as to admit that perhaps JB was lying when he was talking up $10/bbl oil. But none of them are capable of making the stretch that he's a liar and crook by his own admission, and JBI only ever was, and still is, his vehicle to transfer the money from shareholders' bank accounts into his own.
That this is established by his own words and admissions, supported by a body of evidence that was assembled by two different regulatory agencies in two different countries, just doesn't seem to really hit home.
I kinda get the feeling that it simply isn't in the DNA of anyone who is capable of falling for a scam like this to really connect all the dots, from JB being a self-admitted crook, to JBI in all its versions (including its most recent one of being a seller of unpatentable and unprofitable processors) being an outright scam through and through.
Somehow this man who admits to lying and acting illegally for a stretch of time from 2008-2011, who got on national TV and lied his ass off, who changes is story from $10/bbl oil *already* in the bag to selling unprofitable processors, still leaves doubt in the minds of anyone but those who immediately saw JBI for the scam it was right from the start.
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