Replies to post #181474 on Plastic2Oil Inc (PTOI)

[sneakpeak]

Is this 'The Class action lawsuit' against JBII, or a second one?

[loanranger]

I'm not at all sure about this, but the suit was brought in the US District Court, Commonwealth of Massachusetts and I BELIEVE Massachusetts law will be controlling. Even though the SEC case was brought in the same court, those violations are of US Securities Laws. I believe that the derivative complaint is a basic civil suit and as such is governed by the state law in which it is brought, assuming that state is the proper venue for it (I suspect that issue will be kicked around some).

The verification process would be a needless redundancy were it not a legal requirement :o)
Grampp's verification, which basically says "I read the complaint and I believe it to be true and accurate" is on the last page of the complaint. I have it downloaded but can't figure out how to post it.....sorry.

[dreaminbig]

John Bordynuik, Inc.(aka JBI)(Canada), John Bordynuik, Inc.(Delaware), JBI, Inc.(Nevada), JBI, LLC, JBI Canada, Inc., etc. etc. 2 shells - one with two names(TRTN/310 Holdings). Share counts so confusing a forensic accountant is needed. Shares given out like candy for "services rendered". A web of confusion.

Will there be more lawsuits? Where could they be filed?

It's almost as if Juicy Johnny made this as complicated as possible in anticipation of this sort of thing.