Plastic2Oil Inc (PTOI)

[Rawnoc]

Right. I'm sure JBII will pay a higher fine than Xerox did which was a world record at the time for 6 years of actual revenue and earnings fraud in the billions.

Sure. Uh huh.

Here's the first random example I found via Google of a "private placement" fraud allegation from the SEC. $2.9 million private placement -- company agreed to give back $242,339 including interest or less than 10% of it:

http://sec.gov/litigation/litreleases/2011/lr21808.htm

And if you read the case -- that's REAL fraud. Not a single line accounting error from 3 years ago. The entire private placement was accused of being a represented fraud.

The notion that JBII will have a fine as big as Xerox, which had years of severe earnings accounting fraud, is just laughable.