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Gold/Mining/Energy : Plastic2Oil, Inc.

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Oct 22 11:09 AM EST

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To: Rawnoc who wrote (272)	7/23/2011 1:36:18 AM
From: Rawnoc	Read Replies (1) of 621

AZPN restated 3 years worth of financials and is accused of fudging the numbers on purpose: http://www.highbeam.com/doc/1G1-146828898.html The SEC accused them of fraudulently reporting revenues in order to meet analyst estimates. The settlement? The SEC ordered them to hire a consultant to help with their financials going forward and didn't fine them one dime because the company fixed the financials on their own: http://www.sec.gov/news/press/2007/2007-152.htm They didn't even get a "slap on the wrist parking ticket." They got basically a warning. For 3 years of real accounting fraud that matters. This is typical of a Tier 1 violation (though AZPN's case was clearly far worse than JBII's). Yet they got nothing. Despite false claims otherwise, SEC cases are designed protect investors -- not kill companies.

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