Excellent Post! Mods please make it a sticky note.
REALITY VS. THE OSC-GATE CONSPIRACY:
In 2009, John stated: "The company has no free trading shares to sell" Fact. "We did not and DO NOT hire stock promoters." Fact.
(1) The company didn't sell any free trading shares.
(2) John said the company didn't hire any stock promoters. Nobody has provided a single shred of evidence that the company hired any stock promoters. Sorry, but the term "friendly to the operations" doesn't equate to promoters. It is well known, for example, that John hired engineer consultants from Exxon to help design and build a gas-compression system. If it said "friendly to the stock," maybe the promoter-conspiracy theory would make more sense. Friendly to the operations -- does not.
(3) The OSC "alleges" that John used free trading shares to pay for some things. If that's even true, there is no evidence that "the Company" did so. If they were his personal shares, or his relatives shares, or shares stripped from his nutbag ex-girlfriend as she claims, well then that wouldn't be shares sold from "the Company" nor would that be free-trading shares from "the Company."
(4) John's "confession" was "solely for the purpose of this Proceeding." In other words to get his wrist slap that included zero fine whatsoever to the company and a small administrative fine to himself. Despite thousands of claims otherwise, "Bordynuik expressly denies that this Settlement Agreement is intended to be an admission of civil or criminal liability and expressly denies any civil or criminal liability." http://www.westlawecarswell.com/oscb/on3715/on3715-35.htm
Let's review reality:
* Nothing in the administrative settlement that admits nothing contradicts anything John said in the past. * John denies any of the allegations, and the OSC accepted his denial for a tiny fine and even withdrew all allegations against JBII itself
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