Plastic2Oil Inc (PTOI)

[Rawnoc]

LESS THAN 1/5TH OF 1% OF MARKET CAP

I thought I heard thousands of times that my statistics don't apply because "this case is different" ????

Rawnoc Friday, January 18, 2013 9:27:33 AM
Re: sunspotter post# 210976Post # of 211874

I prefer reality. Over 97% of SEC cases never go to trial and are settled for small fines.

"The majority of public company misstatement cases settle for less than 1% of market capitalization."
"The average time from the investigation announcement to the settlement for these 181 companies was 2.3 years."
http://www.dandodiary.com/tags/securities-class-action-litiga

There's been zero material court pacer updates in over 9 months. That doesn't sound like trial preparation to me.

Last we heard JBII asked for more time to file this:
https://viewer.zoho.com/docs/zUadbbg because they were in settlement talks.

Top Ten Reasons The Sec Case Is Dead:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78798422