With no trust fund to pay for it thanks to sleazebag Daddy Bordynuik.
From PART III – AGREED FACTS: 12. While Bordynuik was raising funds on behalf of JBI, he established a trust for the benefit of his two minor children (the “Childrens’ Trust”), which was subject to a formal trust agreement. 13. Bordynuik caused shares of JBI or John Bordynuik Inc. to be irrevocably settled on his mother as trustee of the Childrens’ Trust. The Childrens’ Trust held those shares in a securities account at RBC Dominion Securities (“DS”). 14. Having irrevocably settled JBI shares in trust Bordynuik then directed his mother as trustee to transfer the shares out of the trust account at DS to a number of transferees whom he designated, contrary to the terms of the formal agreement governing the Childrens’ Trust. 15. Bordynuik adopted this practice, which violated the terms of the Childrens’ Trust, so as to put free trading and not restricted stock, in the hands of third parties. 16. Bordynuik used the Childrens’ Trust in part as a reservoir of JBI shares which could be distributed to others, including Bespoke Growth Partners, in aid of acquiring a listing on the AMEX or NASDAQ exchanges. Bordynuik’s misuse of the Childrens’ Trust for this purpose was conduct contrary to the public interest.
Thank you fk9ps. Always enjoy the anagram challenge. JB came to mind about three weeks ago and have been watching again since. Some of those kids must be in college now?
perhaps just me but i suspect JB has been instrumental for both the Canadian Patent issued in December 2018 and interaction with Nulixo/B&D over the past year ..
ASCM was the MM brought into aid and abet CDEL last month .. no surprise to see them *report* in the number 5 slot and CDEL report in the number 1 slot re: Finra's MM Monthly ~ November 2019
It will be interesting to see if any reports by locals are generated over the coming month re: *activity* on site at the NF facility .. I would expect there would be some based on input from one of the parties involved ..