1A) JBI is an OTC penny stock, entirely based on the fabrications of a single, unqualified, uneducated, con man's claims that he can produce oil for less than $10/bbl.
1B) Nortel was a multi-billion dollar, legitimate business, trading on real stock exchanges, employing tens of thousands of educated and qualified individuals.
1C) JBI has one self-proclaimed genius guru,, with a too-good-to-be-true story aimed at wooing pink sheet gamblers with a get-rich-quick scheme, to donate their money.
2) The SEC's complaints against Bordynuik are that he purposefully lied to investors to get them to invest in a PIPE round,
3A) JBI has never had any real revenue.
3B) The RCMP and SEC charged Nortel with improper booking of BILLIONS of dollars of revenue.
There is nothing similar between the two cases, not their history, charges, countries, circumstances, business, or any other aspect, other than the generic observation that they were both charged with fraud. |