Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SteveF who wrote (6517)	4/20/2011 8:21:17 PM
From: scion	Read Replies (1) of 53574

Yes , there are previously unannounced lawsuits and settlements. Here's the Kaplanis lawsuit that appeared on Pacer, but the terms of the settlemet were not disclosed in any pacer filing. During the year, the Company’s former consultants and an executive officer claimed money owed to them for consulting work performed in fiscal 2010. The Company entered into a settlement agreement on February 28, 2011 to pay the consultants and the former executive officer the sum of $312,500. The Company paid $200,000 immediately in cash and issued a note payable for the remaining settlement amount of $112,500 (Note 9(b)). At December 31, 2010, the Company accrued consulting fees of $312,500 in the consolidated financial statements. The Kidd lawsuit is in the Seminole county court in FL. Brig seems to be confused, as usual, so he just blurts out the forst nonsense he can think of - and those sums are not peanuts, since JBII was unable to pay them off.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next