What should be interesting about that cease and desist
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.
.
Plastic2Oil, Inc. (PTOI) Stock Research Links
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.
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Federal Signal's Latest Move in Vacuum Truck Arena A shakeup in the vacuum truck market? You bet. Federal Signal Corporation has made waves yet again by acquiring the lion's share of Global Vacuum Systems (GVS) assets and operations. We're talking a transaction valued at a hefty $29 million. Dishing Out the Dollars and Cents Now, what stirs the pot in this deal is the...
Continue Reading
Analyzing Royce Global Trust's Approach When you dig into the Royce Global Trust portfolio, what emerges is a tapestry woven through decades of grit and determination in the investing world. This closed-end fund, trading under the symbol NYSE: RGT, is no stranger to the ebbs and flows of global markets. With every tick of the clock, speculation dances around this fund's...
Continue Reading
Propane Power Play in Florida's Market Here's a little tune you don't hear every day: two local businesses tangoing to the beat of expansion without making a public peep about the price. Palmdale Propane, a powerhouse under the Palmdale Oil umbrella, just snapped up Affordable Gas, a local player from Belle Glade, Florida. This acquisition strengthens its grip on the...
Continue Reading
Mixing Hockey and Hamburgers: The Peltz Way You'd think a guy like Nelson Peltz wouldn't be juggling hockey sticks and hamburgers at the same time, but here we are. The man, a mogul of sorts with Trian Fund Management, is hopping onto a board seat with a New York hockey company and, oh, by the way, throwing a non-binding $7.35-a-share cash proposal to snatch up Wendy's, a...
Continue Reading
RedMane and South Dakota DSS: A New Milestone Talk about a leap into the digital age. South Dakota's Department of Social Services, teaming up with RedMane Technology, has just rolled out the Child Care Assistance Program on their BEES platform. That’s Benefits Eligibility and Enrollment System for those not keeping track. It represents a significant step in making life...
Continue Reading
Veterinary Implants Market: A Growth Tale Something's stirring in the veterinary world, my friend. The Veterinary Implants Devices Market is hitting some serious strides, and we're looking at a valuation touching nearly $0.98 billion by 2031. If you're eyeing the veterinary sector, it's time to sharpen those pencils and take notes on where the trend winds are blowing....
Continue Reading
Understanding the Radiation Conundrum When it comes to breast cancer, there's no sugarcoating it—the diagnosis alone can shake the foundation of anyone's life. But once the dust settles, another layer of decisions begins. One of the trickiest questions patients face is, "What radiation options are out there?" That's where proton therapy comes in, and it's high time we...
Continue Reading
Breaking Cultural and Business Barriers You ever get that feeling when two neighbors finally decide to have a proper sit-down and hash things out? That's the vibe in Athens today, as Greek and Serbian movers and shakers are gathering to lay the groundwork for EXPO 2027 Belgrade. It's a match that's kinda hard to ignore if you're watching Europe's trade routes—especially...
Continue Reading
Markel Group's Steady Climb Doesn't Falter Diving right into it, Markel Group's latest figures prove they're not just treading water. The insurance giant, trading under NYSE:MKL, reported solid third quarter results for 2026. And while some numbers might not be breaking records, they sure paint a picture of a company that's weathering the market with some grit. The...
Continue Reading
Noteworthy Changes in Lufax's Financial Landscape Diving into Lufax's third quarter of 2026, it's clear as day that the numbers are drawing a grim picture. Lufax, a heavyweight in financial services for small business owners in China, announced unflattering financial results. The headline here? A net loss of RMB1,494 million, far from the RMB380 million lost the previous...
Continue Reading
Top 5 Most Recently Viewed Articles
Upcoming Conferences for Eupraxia Pharmaceuticals Eupraxia Pharmaceuticals Inc. (NASDAQ:EPRX), a cutting-edge clinical-stage biotechnology company, is making waves in the industry with its proprietary DiffuSphere™ innovation. This unique technology is designed to optimize the local delivery of medications for conditions where conventional treatments have fallen short....
Continue Reading
Supreme Court's Ruling on Giglio Lists: A Call for Justice The National Police Association (NPA) has made an important move by submitting an amicus curiae brief to the U.S. Supreme Court. This brief supports Captain Manuel Adams, Jr., a dedicated law enforcement officer who is fighting against his inclusion on what’s referred to as a "Giglio list." These lists function...
Continue Reading
Understanding Zimmer Biomet Holdings' Short Interest Dynamics Zimmer Biomet Holdings (NYSE: ZBH) has recently experienced a noticeable increase in its short interest, which has risen substantially by 15.79% since the last report. This change indicates that traders are selling a larger number of shares short, with a current total of 6.71 million shares sold short. This...
Continue Reading
Revolutionary LED Driver for the Automotive Industry Diodes Incorporated (Nasdaq: DIOD) has unveiled a state-of-the-art 36-channel linear LED current driver engineered to meet the stringent requirements of the automotive sector. This innovative component, known as the AL5887Q, presents a remarkable solution for original equipment manufacturers (OEMs) seeking to enhance...
Continue Reading
Midea's Breakthrough in Energy Efficiency Midea has recently taken a remarkable step towards sustainability by launching a new heat pump water heater that promises exceptional energy efficiency and performance. This innovative appliance addresses the growing need for eco-friendly home products, moving us away from older, more energy-intensive water heating methods....
Continue Reading