Health Sciences Group Inc (HESG)

[DJ Ponder]

Hesg a scam - imagine that !

HEALTH SCIENCES GROUP (HESG) formerly based in Indian Harbour, Fla., and now based in Newport Beach, Calif.

President and CEO Thomas Gaffney of Satellite Beach........"

Make note of this SEC release stating HESG was Interested only in lining their own pockets using underhanded tactics to cheat investors....i.e., NOT CLEAN. Everyone can see that.

"The SEC charged two microcap companies, their CEOs, and one penny stock promoter for spearheading illegal kickback schemes. The SEC also charged two other microcap companies, their CEOs, and four other promoters with arranging the payment of bribes to hype the companies in which they had a stake in order to create a false sense of market activity and illegally generate stock sales.

“Interested only in lining their own pockets, these company officers and promoters used underhanded tactics to cheat investors and manipulate penny stocks” said Eric I. Bustillo, Director of the SEC’s Miami Regional Office. “Their utter disregard for investors underscores the importance of stamping out microcap fraud.”

The SEC has worked closely with the U.S. Attorney’s Office for the Southern District of Florida and the Federal Bureau of Investigation’s Miami Division to uncover the penny stock schemes. Parallel criminal charges were announced today against the same nine individuals facing SEC charges.

The SEC has now charged 40 individuals and 24 companies in this series of penny stock investigations. The first actions were announced in October 2010.

The SEC’s complaints filed today in U.S. District Court for the Southern District of Florida charged the following penny stock companies and officers:

HEALTH SCIENCES GROUP (HESG) formerly based in Indian Harbour, Fla., and now based in Newport Beach, Calif.

President and CEO Thomas Gaffney of Satellite Beach........"