What should be interesting about that cease and desist

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PaperProphet
What should be interesting about that cease and desist order three and a half years ago is that Mr. Bordynuik had just announced full production commercial operations of the processor. He convinced his investors that the processor was producing 115 bbls/day of an oil product at a cost of under $10/bbl for which he said he had offers for WTI-$3/bbl. Clearing 90/bbl or about $10,000/day with one processor would have been a home run!! That would have cleared the way for his 2,000 processors in "a few years." Nobody can deny that would have been impressive. Certainly the stock rallied because of the claims represented by Mr. Bordynuik.

Yet oddly right after that press release of commercial operations, Mr. Bordynuik then decided to spend his time crying about message board posters and having his lawyer send cease and desist letters hoping to shut them up.

If Mr. Bordynuik had actually finally proven the concept was as he represented it was to investors, why wouldn't he just let the future results speak for themselves and let those results send the skeptics packing wit their tails between their legs?!?? Why did Mr. Bordynuik feel the need to start bawling about the unflattering things said on message boards??

Today the reason for Mr. Bordynuik's actions should be obvious to everyone. His claims of $10/bbl cost and WTI-$3/bbl were entirely fictitious and he relied on promotion to keep reeling in money from unwary investors. Anyone pointing out the truth was harming Mr. Bordynuik's pocketbook.

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