Tuesday, August 19, 2014 1:36:04 AM
It is a fact that Ken Ash was running the show at both companies when the SEC suspensions occurred. Ash didn't seem to think he actually had to comply with the WY court's order to hold a shareholder's meeting to elect a new BOD for IDCN, he just proceeded to take over, appointing himself CEO/President and taking corporate actions.
What's stunning is that he didn't learn a lesson after ANWM was suspended and did the same thing at IDCN, touting the stock first to his SCG members privately and then touting it publicly despite there being no publicly-available information. Because members of his group may have been the heaviest buyers, I suspect his own followers were hurt the worst in the suspension.
The FBI case against Robin Bruhjell Brass for running a private investment scam had absolutely nothing to do with the SEC's decision to suspend IDCN. Brass didn't "give $300K to Jeffrey," my recollection is that she bought $100K in IDCN stock out of the $1+ MM she stole from her investors. The SEC does not suspend trading in a company's stock because someone bought shares with stolen money.
Jeffrey Bruhjell, who is a fraudster in his own right who should face justice for his public company scam, but he was never charged and, from having read both the indictment and her plea agreement, it didn't seem he was involved in his sister's scheme.
IDCN should have been suspended years earlier when Bruhjell and Ash were running it together, issuing false/misleading PRs while traveling the world on shareholder's money but that was before OTC stocks were on the radar screen of the SEC and FINRA.
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