Replies to post #212015 on Plastic2Oil Inc (PTOI)

[Stock]

Yet Bordynuik signed an agreement to accept a 5 year officer and director bar.

Zero fraud is why. And everybody knows it. There's no such thing as TEMPORARY officer bans for penny stock fraud.

Here's what he signed:

#msg-83717939
http://www.scribd.com/doc/121806459/SEC-v-JBI-et-al-Doc-16

[wEaReLeGiOn]

Good grief indeed. I gave you chapter, verse and link from SEC law, and in turn you gave me an assertion that "For companies tier 1 fines are up to $50,000 each". Would you kindly provide your link for this assertion? I suppose what you're trying to say is that a company (or corporation) is considered a person under law, but not a "natural person"? I can understand your trepidation in mentioning that Bordynuik's fine exceeded $100,000 as a "natural person" and therefore his fine is inline with a Tier 3 penalty for fraud.

It doesn't take a rocket scientist to surmise that Bordynuik's fine and JBI's fine are not mutually exclusive. The SEC is well aware that Bordynuik and JBI are facing a Class Action Lawsuit, and that Bordynuik and the BOD are subject to a Derivative lawsuit. Each suit respectfully will result in further financial remedies to shareholders for the fraud perpetrated upon them.

As for your officer ban assertion, that's just more baloney. Please find me a 5 year officer ban anywhere for a "simple accounting error".

Zero fraud is why. And everybody knows it. There's no such thing as TEMPORARY officer bans for penny stock fraud.

Has never happened. Ever.