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Re: jaxstraw post# 280439

Monday, 03/30/2015 3:33:53 PM

Monday, March 30, 2015 3:33:53 PM

Post# of 312025
Sorry, you are quite in error.

The court did not render a "judgement".

The court approved a settlement negotiated between the SEC and JBI & JB.

Read the settlement again. JB agreed not to dispute the facts of the case. It says nothing about the allegations.

It is a fact that JBI misstated the value of the media credits. It is a fact that the company recognized that misstatement and refiled a corrected filing. All of which happened before the SEC was aware of the issue.

There is a big difference between allegations and facts.

"Wise men talk because they have something to say, fools because they have to say something."
PLATO

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