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Rawnoc

03/04/12 5:45 PM

#169250 RE: loanranger #169248

Whatever. The point is that SEC fines don't kill companies. They are designed to punish, not cripple, and are ALWAYS a tiny fraction of what a company could afford. Thousands and thousands of fines in history and Xerox made a world record at the time with $10 million??????

Many are trying to claim and/or imply the fine against JBII will kill it regardless of how successful the operations are. Many are absolutely dead wrong and can't cite a single example from history to back up that false claim.

It's business as usual. JBII will succeed or fail based on it's operations, and anybody who thinks otherwise is sorely mistaken.

Johnik

03/06/12 1:43 AM

#169472 RE: loanranger #169248

The underlying allegations laid out in the complaint can't be refuted.



I disagree. Absent an admission, the allegations laid out in a complaint can indeed be refuted. The SEC's allegations against JBI are no exception. The Edgar filings speak for themselves, of course, but the SEC's allegations go way beyond the filings. I would anticipate a rebuttal of such allegations.

If you are going to pose arguments that I haven't made and then refute those arguments, what the heck do you need me for? You should be the person responding to this post.



Although directed to another JBI supporter, I will make note of that observation. It could come in handy.

See, for example:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68250382