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EX-99.1 - PRESS RELEASE - JBI, INC.f8k012313ex99i_jbi.htm
 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of Earliest Event Reported):   January 23, 2013
 
   
JBI, Inc.
   
   
(Exact name of registrant as specified in its charter)
   
 
         
Nevada
 
000-52444
 
20-4924000
(State or other jurisdiction
 
(Commission
 
(I.R.S. Employer
of incorporation)
 
File Number)
 
Identification No.)
  
       
20 Iroquois St
Niagara Falls, NY
     
14303
(Address of principal executive offices)
     
(Zip Code)
 
Registrant’s telephone number, including area code:  (716) 278-0015
 
N/A

Former name or former address, if changed since last report
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 
 
 
Section 8 — Other Events

Item 8.01       Other Events

On January 23, 2013, JBI, Inc. (the “Company”) announced that it has reached a settlement with the Securities and Exchange Commission (the “SEC”) of the previously disclosed SEC enforcement action against the Company and certain former officers/directors regarding the restatement of the Company’s financial statements as of and for the periods ended September 30, 2009 and December 31, 2009 and related matters.  Although the Company has reached a settlement with the SEC, the settlement is subject to court approval, which cannot be assured.  A copy of the Company’s press release announcing the settlement is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
 
Section 9 — Financial Statements and Exhibits

Item 9.01       Financial Statements and Exhibits.

(d)           Exhibits.
 
Exhibit No.
 
Description
99.1
 
Press Release dated January 23, 2013.
 
 
 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
JBI, Inc.
   
January 23, 2013  
By:
/s/ Matthew J. Ingham
 
Name:  
Matthew J. Ingham
 
Title: 
Chief Financial Officer
     
 
 
 
 

 
 
EXHIBIT INDEX
 
Exhibit No.
 
Description
99.1
 
Press Release