Plastic2Oil Inc (PTOI)

[the big guy]

Far-fetched. The Wells Notice and Statement of Claim is just part of their process. The Statement of Claim would be necessary to file a court action. No one is trying to deliberately harm the stock. Usually the way these things work is that the plaintiff writes a letter to the Defendant asking for a Settlement. I can't remember what exactly a Wells Notice is, but maybe that is it. But if that is not what a Wells Notice is there would have been some other letter. That corresponds to negotiation, so they were in settlement discussions.

It is normal for the Defendant's lawyers to tell them where to go, that way all the lawyers get to make lots of money.

Settlements happen because the legal system is designed to minimize costs. If one side proposes a settlement and it is rejected, that would work for them in the courtroom. So settlement is natural. However, if the case had no merit, JBI would not have settled and could have sued for full costs. The only settlement would have been the SEC paying for their costs for wasting their time.

That did not happen. So the case had merit. So, in agreeing to a settlement JBI is DE FACTO admitting guilt.

The rest of it is connecting dots that are not there. It is really reaching.