Guess what foolios.........JBII 10Q coming out soon..........expecting to see here go up 100% to $2..........et z
https://viewer.zoho.com/docs/yebYdd
Grampp v JBI Inc et al
UNITED STATES DISTRICT COURT
DISTRICT OF MASSACHUSETTS
ERWIN GRAMPP, derivatively on behalf of
JBI, INC.,
Plaintiff,
v.
JOHN BORDYNUIK, DR. JACOB SMITH,
RONALD C. BALDWIN, JR., AMY BRADSHAW,
JOHN M. WESSON, ROBIN BAGAI, JAMES
FAIRBAIRN, GREGORY GOLDBERG,
THEODORE J. HENRY,
Defendants,
and
JBI, INC.
Nominal Defendant.
Civil Action No.:
VERIFIED SHAREHOLDER
DERIVATIVE COMPLAINT
JURY TRIAL DEMANDED
FACTUAL ALLEGATIONS
76. Bordynuik does, however, list ‘P2O’ sales to a company called Coco Asphalt. However, in the filings, Bordynuik leaves it very ambiguous as to whether the P2O sales refers to products from his P2O process, or from the “P2O division.” JBI’s P2O division also houses a previously defunct “blending facility” purchased by JBI from a friend of Bordynuik’s family. Blending businesses routinely obtain third-party fuel, blend in additives and then deliver that fuel. It seems quite possible the “petroleum distillate” was purchased and resold without any ties to the P2O process itself. Bordynuik himself provides no clarification on this important and material subject. Id.
