Tuesday, May 24, 2016 9:37:06 AM
Correct me if I'm wrong but Bordynuik's dad, John Bordynuik Sr., was listed as the 3rd largest shareholder in April 2009.
SEC FORM S-1 -- REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
https://www.sec.gov/Archives/edgar/data/1415602/000121390009000789/fs1_jbi.htm
"John Bordynuik Sr. is the father of John Bordynuik, our President, Chairman of the Board, Secretary and Treasurer and did some minor contract work for John Bordynuik Inc."
According to the SEC, Rivera and Alice M. Price — whom Bramlette describes as Rivera's caregiver and, since August 2010, his wife — and others planned to dump their own shares of the company after the market manipulation was complete, reaping huge profits in what turned out to be a virtually worthless company. It said Price sold more than 35 million combined shares in USSEC and Sustainable Power Corporation, another company Rivera owned, "and allegedly used the more than $2 million proceeds to fund her lifestyle with Rivera and the activities of USSE.
I post on stocks that I invest in only.
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