Monday, February 18, 2013 10:56:00 AM
After a massive investigation to uncover and force a disgorgement of ill gotten gains, The sec found there were no ill gotten gains and so no disgorgement was required.
The SEC settled out of court with JBII for $150,000, a tiny fraction of the tens of millions we were constantly told to expect.
A slap on the wrist.
This is clear proof that the outlandish claims that JBII is a scam are all unfounded bullshit.
Read about that here.
http://www.marketwatch.com/story/jbi-inc-reaches-settlement-with-the-sec-awaits-court-approval-2013-01-23?siteid=nbsh
WOW....JUST WOW! NO CAVEAT EMPTOR, NO SEC CASE, NO ILL GOTTEN GAINS, NO DISGORGEMENT, NO FRAUD, NO PLUNGE TO SUB PENNY, NO SHUTTING DOWN OF ANYTHING, HOW PERPLEXING.
FEATURED ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • Oct 10, 2024 8:09 AM
FEATURED CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM