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Gob,
Why don't you call one of the firms partners directly and ask for an explanation?
Zard,
No one needs to do due diligence. Whenever you and Andle post on a stock, it's a turd.
Did you call that NYSE company and ask them to confirm?
Kind of like Vinny claiming he had a deal with Sprint, Leap, and a few others...right ZARD?
In their dreams.
What was really funny was to see you and Jeff Andle last year acting like that company was legit.
Bernstein Liebhard LLP Announces Filing of a Class Action Against
Bernstein Liebhard LLP today announced that a lawsuit has been filed in the United States District Court for the District of Nevada on behalf of a class (the “Class”) of investors who purchased JBI, Inc. (“JBI” or the “Company”) (OTC: JBII) securities between the period of August 28, 2009 and July 20, 2011 (the “Class Period”).
The Complaint charges JBI and certain of the Company’s current and former executive officers with violations of federal securities laws. JBI purports to be a domestic alternative oil and gas company. In 2009, the Company acquired JavaCo, Inc. ("JavaCo") from Domark International, Inc. ("Domark") and also issued 1 million shares of JBI to Domark in exchange for media credits valued at $9,997,134. The Complaint alleges that throughout the Class Period defendants knew or recklessly disregarded that their public statements concerning JBI’s business, operations and prospects were materially false and misleading. Specifically, the defendants made false and/or misleading statements and/or failed to disclose: (1) that the media credits acquired by the Company in connection with the acquisition of JavaCo were substantially overvalued; (2) that the Company was improperly accounting for acquisitions; (3) that, as such, the Company's financial results were not prepared in accordance with Generally Accepted Accounting Principles ("GAAP"); (4) that the Company lacked adequate internal and financial controls; and (5) that, as a result of the above, the Company's financial statements were materially false and misleading at all relevant times.
On May 21, 2010, JBI disclosed that its previously issued financial statements for the 2009 fiscal year and third quarter should no longer be relied upon due to the accounting treatment and related disclosures of two acquisitions completed in 2009, and the valuation of media credits acquired by JBI through the issuance of common stock. On this news, shares of JBI declined $0.65 per share, more than 21%, to close on May 21, 2010, at $2.40 per share, on heavy volume, and further declined $0.80 per share, more than 33%, to close on May 24, 2010, at $1.60 per share, also on heavy volume.
On July 20, 2011, JBI disclosed that the staff of the United States Securities and Exchange Commission’s (“SEC”) Division of Enforcement issued a "Wells Notice" to JBI indicating that the staff intended to recommend that the SEC file a civil lawsuit alleging that the Company violated certain provisions of the federal securities laws. JBI indicated its belief that the proposed lawsuit related to the Company's restated financial statements for the 2009 fiscal year and third quarter, and that the SEC staff may also recommend naming one or more current and former officers of JBI as defendants. On this news, shares of JBI declined $0.62 per share, nearly 24%, to close on July 21, 2011, at $2.00 per share, on unusually heavy volume.
Plaintiffs seek to recover damages on behalf of all Class members who purchased or otherwise acquired shares of JBI during the Class Period. If you purchased or otherwise acquired JBI shares during the Class Period, and either lost money on the transaction or still hold the shares, you may wish to join in this action to serve as lead plaintiff. In order to do so, you must meet certain requirements set forth in the applicable law and file appropriate papers no later than September 26, 2011.
A “lead plaintiff” is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as lead plaintiff. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Bernstein Liebhard LLP, or other counsel of your choice, to serve as your counsel in this action.
If you are interested in discussing your rights as a JBI shareholder and/or have information relating to the matter, please contact Joseph R. Seidman, Jr. at (877) 779-1414 or seidman@bernlieb.com.
Bernstein Liebhard has pursued hundreds of securities, consumer and shareholder rights cases and recovered almost $3 billion for its clients. It has been named to The National Law Journal’s “Plaintiffs’ Hot List” in each of the last eight years.
You can obtain a copy of the complaint from the clerk of the court for the United States District Court for the District of Nevada.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2011 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Mary U. Hoover. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
and pump crappy stocks to more suckers.
Jeez, you all should suck up to Bill Kinkead again
I can name a couple of securities attornies who will help you. I'm waiting on the results of the SEC inquiry to the PNG Mining Office about wankers bogus press release.
Tommy Boy should understand that theft by deception has no statute of limitations.
One of his brothers
Joseph Thomas Locastro
Frank Joseph Locastro
Dino V Locastro
Robert J Lo
Francis P Castro
oh yeah...lots of them. In the billions of dollars worth again.
Op,
Did you donate to that fund? If you did, call the law firm directly and ask. Kind of like when I told you to call Empire and you finally were able to get the answer you wanted.
Now, on a side note.
Remember when I told you Wankster and Shyster were trying to grift their way into Panguna and both the PNG Bureau of Mining and John Momis office started to learn about these two?
All of a sudden, the Meekamui are now claiming Wankster and Shyster have nothing to do with the ongoing efforts. Amazing how a couple of phone calls to the powers that be....who in turn demand answers from the Meekamui...all of a sudden forces a correction.
http://governmentofmeekamui.net/index.php?p=1_13_Reply-To-E-Mails
Posted May 31, 2011:
President Miriori, V.P Takaung Minister Nerau the entire Meekamui government. Clarifies the following. Mr. Sytner who was kind enough to use his credit card for $140 to register the web site is not involved in any way with the Meekamui government. He has "No input" into our web site, offers no advice, opinions or even suggestions as to the Meekamui actions or opinions. His only assistance was to help bring President Mommis together with President Miriori for the memorial and the Human Rights struggle. His desire to bring us together as "ONE" is pure of heart and without political or personal gain. He has no involvement in any Meekamui activity or opinion. To continue to malign him when his only interest is in the Memorial to those who have died in the human rights struggle, is out of ignorance. Intelligence would be offering an appology. He is the only foreigner to come to help heal us and bring us all together. No motive such as BCL or others who seek our wealth. He asks for no monetary reward, compensation or comittment. It was his sincere effort which brought ABG & the Meekamui to the table. His only request was the unity in support of the Memorial and human rights, which Mommis refused to sign. If you need a scape goat, look to those who seek to usurp our natural resources, destroy our human rights and engage in behind the back politics at the expense of the people. We appreciate his assistance and appologise to him for any pain this has caused him. We strongly suggest you do the same.
President Miriori
your're old school now.
Venz bonds are out. The new scammer tool are Mexican Dove bonds.
Adnan Sakli did not have a proverbial pot to pizz in.
Total whackjob and an internet joker broker.
add some rakes to the sides and go clean up hauling blueberries
jeez...
those guys didn't even try really hard. 244 5th Avenue is well known for stock scam drop boxes and call forwarding services.
http://www.nycvirtualoffice.com/
Alluvial mining is what wankster and shyster were trying to pull off originally. Now, they're wannabe international bankers and pretend miners who think they can shyster the locals with gifts in exchange for having access to the mines.
Where's the link to Urban's house that is for sale?
I swear you do not read posts before you start typing.
This is what I wrote: