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| OBCI > SEC Filings for OBCI > Form 8-K on 4-Sep-2009 | All Recent SEC Filings |
4-Sep-2009
Regulation FD Disclosure
Ocean Bio-Chem, Inc.'s (OBCI) wholly owned subsidiary, Star brite Distributing, Inc,. obtained an injunction in U.S. Federal Court against ValvTect for false and deceptive advertising in their ads comparing ValvTect Ethanol Gas Treatment to Star brite's Star Tron Enzyme Fuel Treatment.
The U.S. District Court ordered a preliminary injunction against ValvTect from running further false and misleading comparison advertising of ValvTect Ethanol Gasoline Treatment and Star brite's Star Tron Enzyme Fuel Treatment. Furthermore, the Court stated that granting a "preliminary injunction is an extraordinary and drastic remedy."
The Court ruled all four points of ValvTect's comparison ads are false and/or misleading and deceived the public. ValvTect claimed test results proved their product performed better, yet the Court found they failed to run their tests using E10 (Ethanol fuel), even though the ads and products are about E10 (Ethanol fuel). ValvTect claimed independent testing, yet the Court found one of the tests was run by a ValvTect supplier and was not independent. ValvTect inferred approvals from major OEMs including BMW, Ford and Chrysler, yet the Court found there were no such approvals. Every single point of the ValvTect ads has been found to be false or misleading by the Court.
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