"Ya, they tried to do it themselves........WTF?"
Post# of 43064
- Golfgod
Keep in mind that what Golfgod and others are told by Mr. Bordynuik about the company may not necessarily be true.
To anyone who will listen, Mr. Bordynuik will paint himself as a selfless individual who invented a revolutionary technology and that everyone is out to get him and ruin his 'technology'. That's been going on for over half a decade and counting now...or about eight years if Mr. Bordynuik's Expedite2 is counted.
Keep in mind that Mr. Bordynuik was the one who installed Mr. Rauber and Mr. Bogolin as CEOs. Golfgod's insinuation would mean that Mr. Bordynuik keeps getting unlucky and hiring people who always want to steal his 'technology'. Keep in mind Mr. Bordynuik also struck a deal with Mr. Sousa years ago for a joint venture and Mr. Sousa sued for non-performance. Mr. Bordynuik led the go-nowhere deal with Pak-it and got sued there by Mr. Seneca. Mr. Bordynuik struck a deal with RKT and Madison County and Mr. Bordynuik didn't move forward with those either. While neither sued JBI nor Mr. Bordynuik in those cases, Madison County had some choice words to say. Mr. Bordynuik was the one who cooked the books leading to a suit against him by both the SEC and the OSC.
The common factor in all of these is Mr. Bordynuik and, additionally, Mr. Bordynuik has gotten wealthy off of investors' backs by feeding fake stories about $10/bbl oil which he said he had offers to buy at WTI-$3/bbl. Those like Golfgod who trust everything they hear from Mr. Bordynuik, become Mr. Bordynuik's disciples and try to help paint the situation to Mr. Bordynuik's specifications.
PTOI might eventually get another pop in the stock if Mr. Bordynuik and Mr. Heddle successfully pump the stock...but don't be fooled into believing that the process produces any value.
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