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Tuesday, January 29, 2013 2:08:03 PM
(1) SEC suit was supposed to suspend JBII, send it to the grays, and disgorge millions and millions into bankruptcy. Instead a parking ticket sized fine, zero disgorgement, and caveat emptor removed.
(2) According to the filings and all known public records, JBII is undefeated as a plantiff.
(3) Kidd suit was supposed to bankrupt us.
Round 1 -- dismissed without a hearing.
Round 2 -- sued and lost
Round 3 -- final round, settled for apparently an immaterial amount that was not only paid for by insurance, but JBII's legal bills were covered by insurance as well.
(4) Theresa Laws suit was supposed to bankrupt us.
Settled for an amount that was less than the legal fees JBII was accused of having.
(5) Kaplanis suit was supposed to bankrupt us.
Settled for almost nothing.
(6) Judy Vasquez suit was supposed to bankrupt us.
Instead, we netted over $300,000 (talk about a backfire) as the settlement was to have her pay us.
(7) The DEC was supposed to fine us (never happened) or shut us down for "illegal fire retarded feedstock" (instead, JBII passed their inspection with flying colors and was granted a permit at double previous capacity).
I'm noticing a pattern.
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