The problem with this company is it was founded on
Post# of 43064
Posted On: 06/30/2015 12:00:14 PM
Quote:
The problem with this company is it was founded on a fundamental lie created to defraud investors. John Bordynuik knew his machines could not handle unwashed and commingled plastic. Yet he continued the lie to sell shares to enrich himself and others. We know he is a liar based on the SEC filings. He intentionally hid the fact he was buying plastic by hiding it with cardboard recycling.
This matters today because those same machines and process founded on a lie are supposedly the ones for sale. They do not work and the proof is that Heddle is not willing to even get them fixed to do real pilot runs.
The company is completely idle except for the storytelling. Heddle has taken over as Chief Storyteller from Bordynuik. At this point it is VERY obvious this is a scam and was from the very beginning.
One of the best summaries to date.
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