That's definitely the red flag which should have m
Post# of 43066
Posted On: 09/10/2015 10:10:25 AM
Re: 3.14159265359 #21826
That's definitely the red flag which should have made everyone pay attention. Investors trusted Mr. Bordynuik was honest when he claimed he had a fully tested way to make oil for under $10/bbl with offers in hand from refineries to buy all he can make for the price of WTI-$3...which could purportedly be replicated over and over with $80k processors. Doing the math, each $80k processor would pay for itself in only eight days.
When Mr. Bordynuik was nailed for accounting fraud, investors should have put two and two together and realized the slim odds of a swindler telling the truth about having developed a revolutionary waste-to-oil process with 90% gross margins.
It's bad enough to trust anyone you don't know who makes such grandiose claims while trying to sell you stock...but to trust someone like Mr. Bordynuik, who has demonstrated without a shadow of a doubt that he's a swindler, is just foolhardy.
When Mr. Bordynuik was nailed for accounting fraud, investors should have put two and two together and realized the slim odds of a swindler telling the truth about having developed a revolutionary waste-to-oil process with 90% gross margins.
It's bad enough to trust anyone you don't know who makes such grandiose claims while trying to sell you stock...but to trust someone like Mr. Bordynuik, who has demonstrated without a shadow of a doubt that he's a swindler, is just foolhardy.
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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.