News Focus
News Focus
icon url

dreaminbig

07/23/11 1:21 PM

#122800 RE: ID Supermoney #122791

Definitely not! And the CEO is the CFO at JBI.
icon url

Steady_T

07/23/11 3:15 PM

#122896 RE: ID Supermoney #122791

quote----
...some directors or officers will be charged!!
--------------

Actually that should say MAY be charged.

That assumes the the SEC decides to go forward with the staff recommendation, a decision that has not been made yet.

The likely outcome is an agreement to correctly value assets in the future and MAYBE a fine. Very unlikely that it will go further than that.
icon url

Scandle34

07/23/11 5:40 PM

#123009 RE: ID Supermoney #122791

the CFO quit already anyways, right? Makes even more sense in light of the Wells notice.