Sunday, May 01, 2016 10:14:29 AM
Bordynuik bought a hotel and renovated it while claiming he wasn't taking a salary....his children drive new Escalades somehow....and he admitted via a court deposition to dumping shares for a return of over a million dollars.... while encouraging shareholders to buy and hold at the same time.
How much did Bordynuik buy that blending plant for from family members... what was that obscene amount he grossly overpaid just to line his relatives pockets with shareholder money ?
Add in the subsequent CEO's who took huge salaries and severance packages while watching this POS company continue to fail because Bordynuik's machines suck ass.
The company never made a dime of revenue yet everyone who worked there for years lived fat off the teat of people Bordynuik and his promoters suckered to keep coughing up money to keep producing nothing of any value.
The only people who didn't get rich were common shareholders who bought into the bullshit Bordynuik was shoveling via internet stock promoters.
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