Plastic2Oil Inc (PTOI)

[Johnik]

My view is than an SEC investigation is a material event that should be disclosed.

As for Wells notices... Once again, not long ago Goldman was fined $640K for not reporting receipt of one.

Would you care to provide ANY legal justification for your view? At what point do you contend there should be disclosure of an SEC inquiry? When the SEC first requests further information or review of a document? Please provide some legal footing to your assertions, particularly given your request for others to brush up on their understanding of the law.

As for Wells notices, I don't doubt that such notice can trigger the disclosure requirement (although I think it would be foolish to follow a bright-line rule absent clear guidance from the SEC). This point, however, is irrelevant given that JBI disclosed the notice.