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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?

To: dreaminbig who wrote (21752)	4/5/2012 8:38:00 AM
From: old 'n cranky	Read Replies (1) \| Respond to of 53574

There is no evidence in the Edgar system of any prior correspondence from the SEC that might have triggered the May 8K. That said, the SEC correspondence that appears on the Edgar system is related only to actual filings that issuers have been made on the Edgar system. The 9/28/10 letter, which is the first and clearest evidence of their concerns regarding media credits to be found in the Edgar system, indicates: Re: JBI, Inc. Form 10-K for the Year Ended December 31, 2009 Filed March 31, 2010 Forms 10-Q for the Periods Ended September 30, 2009, March 31, 2010 and June 30, 2010 File No. 000-52444 I was responding to Joseph B. Schmidt's curiosity: "I wonder how many corresponding letters from the SEC it took for JBI to recognize the "potential problems"?" I admit that I automatically went to the Edgar files for my answer and this answer was based solely on a review of those files: "The company filed the 8-K notifying the public that the financial statements (10-Q and 10-K) shouldn't be relied upon well PRIOR TO receiving any correspondence from the SEC regarding the media credits." However, I am not at all familiar with the SEC's policies and practices regarding "informal" communications and have NO IDEA whether they might or might not have questioned JBI about the treatment of the media credits in communications other than those found on Edgar. I should have made that clear in my response and apologize if I misled JBS or anyone else with my response.....it was absolutely unintentional. The only parties that KNOW if any prior correspondence from the SEC might have triggered the May 8K or how many corresponding letters from the SEC it took for JBI to recognize the "potential problems" are the SEC and JBI itself. Thanks for asking the question and giving me the occasion to rethink my previous post.