Replies to post #216724 on Plastic2Oil Inc (PTOI)

[cp44]

if he wanted to DEFEND himself, and be fully exonerated, he should have not settled, and taken it to a trial.

Oh yeah I can hear it now how JB is wasting precious shareholder money on litigation when he should have just settled for a parking ticket of a fine. The SEC knows it's fines are cheaper than litigation. That's how they finance their existence. This is a classic case of the bully trying to save face by imposing a slap on the wrist rather than doing battle (in court) and losing. This saves time and money on both ends.
By not being able to deny or comment on the bully's allegations in public in any forum to me is a gag order.So in essence the SEC is saying pay the fine and shut up !!!!
This is old news now. JBI is still alive despite disgorgement of millions and stock at sub penny rumors etc, that were annihilated time and time again.They are here for the long haul cleaning the environment, creating good paying American jobs and making clean.green, end user ready spec fuel.It's a bases loaded home run for shareholders and mother nature. Hard to beat that :) JMHO