"I guess it's because there have been reputable th
Post# of 43066
Posted On: 07/01/2014 5:00:41 PM
Re: techisbest #10366
"I guess it's because there have been reputable third parties involved all along the way suggesting there is more to the story than a complete fabrication."
Sure. JBI latches on to any name it can for 'credibility'. The NYDEC only issued a permit to burn plastic off gasses and that was used for credibility. RockTenn was offered a no-risk deal and would be paid a portion of revenues. There was no downside so RockTenn took the deal, JBI used RockTenn's name and the deal was then abandoned. Al Sousa struck a joint venture but JBI stiffed him so he ended up suing. Same with the other joint ventures and Mr. Seneca from Pak-it...they struck a deal but ended up suing JBI when JBI didn't deliver. Madison County was going to deliver plastic for free just to try to be green...and JBI stiffed them resulting in breach of that contract. PIPE investors who invested on the basis of media credits and $10/bbl crude oil were defrauded. Crayola, Javaco, all ended.
Yes, there were a lot of entities who struck deals with Mr. Bordynuik. I think Mr. Heddle is the only one who is sticking by him through thick and thin...and Mr. Heddle withheld material information from investors for six months so it's starting to look like Mr. Bordynuik and Mr. Heddle are getting tight.
Sure. JBI latches on to any name it can for 'credibility'. The NYDEC only issued a permit to burn plastic off gasses and that was used for credibility. RockTenn was offered a no-risk deal and would be paid a portion of revenues. There was no downside so RockTenn took the deal, JBI used RockTenn's name and the deal was then abandoned. Al Sousa struck a joint venture but JBI stiffed him so he ended up suing. Same with the other joint ventures and Mr. Seneca from Pak-it...they struck a deal but ended up suing JBI when JBI didn't deliver. Madison County was going to deliver plastic for free just to try to be green...and JBI stiffed them resulting in breach of that contract. PIPE investors who invested on the basis of media credits and $10/bbl crude oil were defrauded. Crayola, Javaco, all ended.
Yes, there were a lot of entities who struck deals with Mr. Bordynuik. I think Mr. Heddle is the only one who is sticking by him through thick and thin...and Mr. Heddle withheld material information from investors for six months so it's starting to look like Mr. Bordynuik and Mr. Heddle are getting tight.
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