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Thursday, 11/27/2014 2:41:24 PM

Thursday, November 27, 2014 2:41:24 PM

Post# of 3118
E-mail Response from SEC

Dear Mr. Wagaman:

Thank you for contacting the U.S. Securities and Exchange Commission (SEC).

As you may know, on July 3, 2013, the SEC announced charges against eight Argentine citizens who sold millions of shares of Biozoom, Inc. in unregistered transactions. Please see our press release announcing the action, available at http://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171624934, and the SEC's complaint filed in the U.S. District Court for the Southern District of New York, available at http://www.sec.gov/litigation/complaints/2013/comp-pr2013-122.pdf. As for your question regarding when the litigation will end, it is up to the court and the presiding judge to make that decision. However, the SEC will post a press release at www.sec.gov when the court makes the decision and the judge issues his opinion.

In some SEC civil or administrative actions, the SEC is able to recover funds for possible return to defrauded investors. The SEC posts information about its distribution funds on its website at http://www.sec.gov/divisions/enforce/claims.htm. At this time, the SEC has not established a fund for investors in Biozoom. Please continue to monitor the SEC's website for updates.

Sincerely,

Vivien Liu
Senior Counsel
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
(800) 732-0330
www.sec.gov
www.investor.gov
www.twitter.com/SEC_Investor_Ed

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