Replies to post #122940 on Plastic2Oil Inc (PTOI)

[dreaminbig]

Are you saying that the first and second amendments to the 10K don't count then?

Dead wrong. The 8k null and voided the 10K for the date the 8k was filed and that date forward.

[Justice37]

Re: By the way, the investigation is substantially over and this is all they found in the last 2 years was a restatement of non-cash incorrect accounting treatment?

Once it all sinks in that the accounting mistake is all that was found there well be a lot of "But, but that complaint was legitimate", "the SEC missed a lot", "the SEC is in on this like they were with Madoff" and "All that time for only this" being blurted out.

The fact that JBI first corrected the accounting mistake over a year ago should be a hint that the company has nothing to hide. The mistake was unfortunate and they have, are and will pay for it, but that's it that's all folks.