Replies to post #74366 on Plastic2Oil Inc (PTOI)

[monkeyfrog]

I'm sure the judge will note that the employment agreement was not signed by either party. Wonder why?



Can't wait to see the cash burn for the last 3 months...another pipe offering in the near future.? Maybe at .25?

[the big guy]

JB is trying to say; that his personal liability should be dismissed because he does not have sufficient personal contacts in the state of Florida. Interesting, because of the Al Sousa connection.

and that there is an insufficient statement of claim for counts II and III, wich would leave it as a straightforward "I want more severance" case. I don't think that will fly... i don't think that evidence is neceesary in the Statement of Claim.

methinks this is a stalling tactic and the case will stand, but he may be right about personal jurisdiction. The personal liability of the CEO is the biggest threat to jBI and JB personally here...

[Zardiw]

There ya go. The whole suit is frivolous and will probably be thrown out...........z

[HomerRomer]

The contract clearly states that JBI could terminate "Without Cause". If they can't prove any cause of his termination, I think I read that they owe him for 60 days after notice. Doesn't seem like that big of a deal either way they rule.