Replies to post #232521 on Plastic2Oil Inc (PTOI)

[Johnik]

Correct in part. In the eyes of the court, a settlement is an agreement to resolve a claim without further litigation. Neither party has "won" or "lost" insofar as the court is concerned. In the eyes of the parties, the extent to which any settlement is a "win" requires consideration of the factors identified in my prior post.

I don't think that the company ever stated that it "prevailed" or "won" any case that it has settled, so I don't know why this is an issue.

[d2006s]

and your point is???

[Rawnoc]

Good grief, the SEC sued for disgorgement and got DIDDLY SQUAT disgorgement in the settlement.

In the court of common sense, that's called an out of the park grand slam home run for shareholders.

This discussion is laughable. It's like a dude getting charged with 120 counts of murder and is found guilty of resisting arrest only and gets 5 hours of community service, and the victims families scream "score!". LOL, WTF?

Here's reality: from day one i cited SEC statistic after SEC statistic and forecasted zero disgorgement and a fine less than 1% of market cap. I heard thousands of times that there was no way that would happen, this isn't a usual restatement case, no OTC survives this, and on and on and on.

My 1% of market cap prediction was too pessimistic. Instead, it was 0.2% of market cap with zero disgorgement. Yet somehow, the reality of JBII settling for a tiny fraction of even the most optimistic scenario is a LOSS for JBII?????? ROFL!!!! It's an EPIC win, and everybody knows it. I don't know a single long who was disappointed by the outcome. JBII did what's best for its shareholders, and its shareholders are happy by this settlement. Of course it's a huge win.