Plastic2Oil Inc (PTOI)

[DaveinHackensack]

Accounting and Governance Risk for JBII

Audit Integrity, Inc. offers a widget on its website where you can enter a stock symbol and pull up that company's Accounting and Governance Risk (AGR). Audit Integrity describes AGR as follows:

The Audit Integrity Accounting and Governance Risk (AGR®) rating is a forensic measure of the transparency and statistical reliability of a corporation’s financial reporting and governance practices. The focus of AGR analysis is on identifying the measures most highly associated with fraud, and quantifying those risks for interested stakeholders in relation to company stock price, securities litigation, and major restatement probabilities.

Audit Integrity applies over 100 accounting and governance metrics to a company’s publicly filed information. The resulting calculation produces the AGR, a percentile score ranging from 0 to 100, with corresponding ratings from Very Aggressive to Conservative. Companies rated Very Aggressive or Aggressive have proven to be much more likely to face class action litigation and financial restatements, and to suffer severe equity loss. Conversely, those companies that have been consistently rated Conservative have been shown to be the most trustworthy.

Here's Audit Integrity's score for JBII:

JBI, Inc. is currently rated as having Very Aggressive Accounting & Governance Risk (AGR). This places them in the 8th percentile among all companies, indicating higher accounting and governance risk than 92% of companies.

There's some more detail available at the site, if you want to enter the ticker there yourself: http://www.auditintegrity.com/index.html