InvestorsHub Logo
Followers 31
Posts 3557
Boards Moderated 0
Alias Born 07/28/2007

Re: jcoukr post# 153772

Saturday, 01/07/2012 3:22:02 AM

Saturday, January 07, 2012 3:22:02 AM

Post# of 312015
The SEC is only seeking compensation?? You seem to be taking it pretty lightly. The amount of the compensation would break JBI financially, and from my reading of it they want to make JB and the CFO personally liable.

And I don't think thaqt the government is goign to go away and back down for a fractional settlement like a private sector person would. A couple of lawsuits seem to have gone away with similar high numbers. I expected that. They usually do. But isn't this Uncle Sam?

Seems to me that if they are bothered enough to go to the extent of this suit, they mean to carry it through and put him out of business. ANd the monetary valuer of the settlement is inconsequential (to them). Not inconsequential to JBI.



Bordynuik and Baldwwin...