It just boggles the mind how people can actually think this company is for real. I guess PT Barnum was right. You have a company that was selling pocketbooks to all of the sudden designer and manufacturer of high tech. blood diagnosing monitors. You have a principle who is a fugitive and would be arrested immediately upon entry to the U.S. and this is because of numerous other penny stock scams he perpetrated. The SEC shut down trading and there are still people thinking that it's the real deal. Absolutely amazing.
Even after this:
The action alleges that, according to an ongoing action by the Securities and Exchange Commission (“SEC”), between January 2013 and June 2013, certain Argentinean nationals opened U.S. brokerage accounts and deposited millions of shares of unregistered Entertainment Art stock into those accounts. On March 12, 2013, Entertainment Art announced a substantial change in business operations from the development of fashionable leather bags to involvement in the biomedical industry.
On April 1, 2013, Entertainment Art changed its name to Biozoom and listed itself on the OTCBB. Beginning on May 23, 2013, Biozoom began issuing a series of press releases claiming it had created the world’s first portable, handheld consumer device to instantly measure certain “biomarkers,” including anti-oxidant levels, vitamin absorption, and stress levels. After these press releases and certain stock promoters’ reiteration of their claims, Biozoom’s stock price and trading volume increased significantly.
According to the complaint, between May 16, 2013 and June 19, 2013, the Argentinean nationals sold millions of unregistered shares of Biozoom for large profits, however, no registration statement was filed with the SEC in connection with the sales and the sales did not qualify for any exception from registration. Plaintiff and other class members purchased their unregistered shares of Biozoom on the OTCBB from defendant KCG. On June 25, 2013, the SEC issued a ten day trading suspension in Biozoom stock. When Biozoom stock resumed trading on July 10, 2013, it fell $3.01 per share, or over 87%, from its closing price on June 24, 2013 (before the trading halt), to close at $0.44, on heavy trading volume.
You've been scammed plain and simple end of story move on deduct $3K a year on your taxes.
