Tuesday, May 03, 2016 11:30:55 AM
Gotta love the direct and irrefutable language that legal filings contain. Cant make this up......
https://www.sec.gov/alj/aljorders/2016/ap-3761.pdf
....motion is DENIED AS MOOT
....request is therefore DENIED
Seems aligned with previous legalese being applied:
Pertinent keywords/statements as stipulated by the SEC
--> http://www.sec.gov/litigation/admin/2016/33-10036.pdf
....inaccurate public disclosure
....unlawful distribution of securities
....falsely recognizing revenue
....overstated BIELs revenue by $366,000, or 47%.
....engaged in an illegal distribution of unrestricted securities
....unregistered transactions at a discount
....orchestrated the illegal distribution.
....half of the proceeds .....was retained by the entities
....offerings were not registered with the Commission.
....constitutes improper professional conduct.
Utterly smashes any speculation that the parties have agreed to walk away with simple "clerical/administrative" matter.
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