Yes. The story put forth by Mr. Bordynuik is that
Post# of 43066
Posted On: 09/09/2015 3:09:32 PM
Re: 3.14159265359 #21821
Yes. The story put forth by Mr. Bordynuik is that he had a secret catalyst which could be put into any pyrolysis processor (processor #1 was an $80,000 unit from Donghe in China) and would immediately be able to produce 115 bbls per day of crude oil equivalent for under $10/bbl. Mr. Bordynuik tested the process and gave investors the all clear saying/implying there was a proof-of-concept to further validate his claims. Anyone who trusted and believed that Mr. Bordynuik was an honest, ethical man would have been crazy not to invest. Unfortunately for those who believed, Mr. Bordynuik turned out to be anything but honest.
Mr. Bordynuik was able to enrich himself at the expense of investors, said the company was at a "jumping off point" (meaning the big money was already extracted from investors) and he jumped off. Mr. Bordynuik is a despicable man who literally got away scot-free with his fraud.
But it is what it is and sometimes the lesson is as narrow and useless as learning never to do business with Mr. Bordynuik. Maybe Karma will step forward but investors do seem generally content and when PTOI fades out, many investors will lament the loss of what they believed to be an amazing, disruptive technology--they'll never be the wiser for their losses.
Well, I'm out of posts here.
Mr. Bordynuik was able to enrich himself at the expense of investors, said the company was at a "jumping off point" (meaning the big money was already extracted from investors) and he jumped off. Mr. Bordynuik is a despicable man who literally got away scot-free with his fraud.
But it is what it is and sometimes the lesson is as narrow and useless as learning never to do business with Mr. Bordynuik. Maybe Karma will step forward but investors do seem generally content and when PTOI fades out, many investors will lament the loss of what they believed to be an amazing, disruptive technology--they'll never be the wiser for their losses.
Well, I'm out of posts here.
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(0)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.