Your math is off....JBI was fined 150k not the 260k...did you lump John's fine in with JBI's?....his fine was paid by HIM not JBI....and again the 150k fine is a piffling amount in the face of 8 million raised so it's a non issue going forward....when the SEC wants it's pound of flesh ya pay it...it's part of the cost of doing business.....surely you didn't THINK that ludicrous embarresing case was going to court?....it settled with a small fine like 97% of all SEC cases do....shrugged off by JBI and done....ROLL JBI ROLL!!
You can't be upset at a management team that is constantly steering around roadblocks deliberately set to make this company fail.The filings will tell us what the new guys in town have accomplished and it will be up to the public to read those filings and be happy with what they see or not.Anything positive or better than the previous quarter is a good thing. This settlement for one is a great thing. JMHO
I happen to be a very happy investor along with all of the other fellow shareholders I have spoken with.
That is a parking ticket compared to the amount of the lawsuit. It happens to be a BS suit and that is why we investors are just happy it is over. Going to court and dragging things out would have likely cost just as much in attorney fees.
Hence parking ticket! Just like rawnoc has stated.