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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

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From: scion5/20/2012 11:39:59 AM
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I've seen this movie before. I've seen the movie where the "new" CEO should be named "Herr Puppet" and I've also seen the movie where the new CEO comes in with a group of investors, replaces the BOD, and then finds out the "real deal" and lets the company slip into oblivion, vanquishing the "crown jewel" because it's infeasible. (see XKEM).

If the new CEO starts out with a house-cleaning, then common shareholders have at least some chance. The "black box" nonsense has me thinking this won't be the case, and Bordynuik will be "Herr Puppetmiester" until the SEC makes it otherwise.

This new ceo we have will expedite the rollout to the rkt plants. John can now focus on creatimg more beasts. We all should be very happy the direction this company is taking.

wEaReLeGiOn Sunday, May 20, 2012 11:35:39 AM
Re: Krazy K post# 183834
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Steady_T Sunday, May 20, 2012 11:34:27 AM
Re: kezzek post# 183837 Post # of 183853

The board controls things. The requirements for new board members are strict. People that meet those requirements are not going to be pushed around by Mr. Bordynuik.

Then there is the fact that Mr Bordynuik has never voted his preferred shares.

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kezzek Sunday, May 20, 2012 10:37:09 AM
Re: jobynimble post# 183836 Post # of 183853

John still controls things by virtue of his common and preferred share ownership, something which probably won't be lost on the SEC.

I would not expect much if anything to change. Just look at the deal he gave himself to become "Chief Technology, Of".


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