Sunday, September 30, 2018 8:49:53 PM
For the uninformed, Mad J. has blown four consecutive project finance closures.
Mad J. conduced a groundbreaking sham, without having first secured project financing.
Mad J., maximally incompetent, blew the financing requirement for even the rudimentary Phase I topping unit by $20-million, before a single piece of plate got acquired or bent.
Mad J. spent $80K of shareholder value on the Crown Bridge deal, then got down-listed from QB back to Pink.
Mad J. has promised material progress for more than a year, claiming "financing was in the bag," "no problem," etc. - none of that was true.
What Mad J. says is most of the time misleading, deceptive, or an outright lie. Again, nominally 15 calendar days before mid-October, there is no substantive proof of any project financing - no closure on the necessary $10-million to $14-million in equity, and no identifiable source of the debt component - not even a credible rumor.
But there is a pending reverse-split, which after two filings, Mad J. still hasn't figured out the correct math for.
None of this is my "opinion," it is all documented fact.
When you are dead, you don't know that you are dead. It is difficult only for others. It is the same when you are stupid.
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