Replies to post #290836 on Plastic2Oil Inc (PTOI)

[Risicare]

My impression is that the SEC considers those who continued on with PTOI too dumb to save and the stock not worth bothering further with. That has played out, as everyone has gotten smoked and the SEC has continued on using their very limited resources for other stocks. It is sad, but understandable really.

[MorningLightMountain]

didn't they violate the judgment against them by failing to file an 8k announcing the breakdown of the processors?

JBII is permanently restrained and enjoined from violating Section 10(b) of the Securities act of 1934
(a) to employ any scheme or artifact, to defraud
(b) to make any untrue statement of a material fact or to omit to state a material fact

yes, they did, and would love to see how that can be disputed.....maybe evil short sellers were involved, or the usual BS to *deflect* from the facts of yet another real *documented* violation vs fantasy lala-land......

also, any reasonable person can see that the ECO non-deal was in conflict with the spirit of:

(b) to make any untrue statement of a material fact