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Re: ponzi_implosion post# 187676

Tuesday, 06/19/2012 2:53:43 PM

Tuesday, June 19, 2012 2:53:43 PM

Post# of 312016
The SEC doesn't have a case. This is about economics. It is most likely far cheaper to reach a monetary settlement, admit no wrong-doing and move on to bigger and better things, like rolling out processors. There are lawsuits more frivolous than this one that are settled every day because it is cheaper and quicker than a long, expensive, drawn out trial. Aside from the fact that the sooner this is done, the sooner JBI can shake the CE status and watch the PPS skyrocket. This is how the justice system works in this country - gotta love it. It would be a disservice to the shareholders not to try and settle this. It is as simple as pressing a button...