Furthermore, producing oil at such a huge loss just creates further legal jeopardy for JBI.
On the one hand, JBI loses well over $1000.00 for each barrel of oil they claim to have made.
On the other hand, we have Borydnuik selling shareholders on his claim that he can produce oil for a total cost of $10/barrel.
Unless JBI can explain how these contradictory facts can be made to jibe, it could be construed as yet more fraud.
A casual stroll through the lunatic asylum shows that faith does not prove anything. Friedrich Nietzsche