Plastic2Oil Inc (PTOI)

[jjsmith]

Apparently some don't know the law. If there hasn't been a response by JBI, that means big trouble. In florida, you have 21 days to respond to a lawsuit. If you don't respond within 21 days, you lose by default. No appeals, no nothing, you lose period. Then the suit moves on to the judgement phase to determine damages. Usually, if the defendant doesn't respond and loses by default, they get hit with the max damages.

So there is only two possiblities at this point. It's possible that the court didn't enter JBI's response, or they simply failed to respond which would decimate the company.

I am aware of only two lawsuits, one of which appears to be going nowhere.

http://www.seminoleclerk.org/CivilDocket/case_detail.jsp?CaseNo=2010CA005989

No return of service entered to date.

And what makes you qualified to opine on the merits of the lawsuits? Are you involved? Do you have knowledge of the underlying facts?