Quote:Mr. Heddle put in money so it certainly seems he drank the koolaid with other investors.
I'm skeptical about Heddle having put in his own money as a fooled dupe. Some of the things that don't make sense:
1) Heddle has been closely involved with Bordynuik and JBI since the beginning. He was there for the famous nineteen fraudulent press release day, and was apparently a willing participant in one of them. The entire P2O ship deal still stinks. Could Heddle have had five years of history and close involvement with Bordynuik's fraudulent actions, and still be an unwitting player in Bordynuik's scam?
2) Heddle has a full time job in another city running his own company with 70 people. Why would he put millions of dollars of his own money into a broke penny stock public company with no chance whatsoever of raising additional money from investors, and then step into the shoes of being its CEO when he didn't have the time for the job? Clearly Heddle knows the time and focus it takes to run a company. It leads me to believe he had no intention whatsoever in running JBI as a real company.
I really have no idea about what's really going on here, but I can't believe Heddle thought: "Holy cow! I'm going to put millions of my hard-earned money into this very troubled company on the verge of death, with a technology that I know absolutely nothing about, to compete in an industry about which I'm clueless, call myself CEO and accept all the legal responsibility to thousands of shareholders, and let it run itself while I run my shipyard in Hamilton".
