"69. In April 2010, Bordynuik told shareholders that he had an offer from Somerset Refinery to purchase oil from his P2O process for the price of West Texas Intermediate crude oil minus $3 per barrel. The problem—Somerset Refinery had already been shut down for two months when he said it. Accordingly, the only refinery ever mentioned by Bordynuik as having made an offer for JBI’s oil just happened to go out of business prior to allegedly inking a deal with JBI. No other refinery offering to buy Bordynuik’s oil has surfaced in the four years since the announcement. "
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