According to the SEC, Raymond Barton and William G Goode were taking debt in Issuers they controlled and illegally turning the debt into free trading stock and selling the stock into the market with the help of Meyers Associates LP.
The tickers named in the Complaint include - MNZO, MDIN, ANAS, and GVSI (formerly SOCR).
Barton and Goode made more than $4.6m from their illegal stock sales while the CEOs that were fronting for their scams made tens of thousands of dollars in kick backs for their services.
The SEC says that Barton and Goode dumped their shares while issuing misleading statements about the Issuers business operations to the public. A lot of the dumping would often coincide with the Issuers announcing changes in their business operations or putting out sensational sounding press releases.
The SEC says in the Complaints that some of the Barton debt Notes were back dated and in some cases even "inauthentic".
I'd be willing to bet that Barton's share sales in CRTC, EEGI, and IFHR were also illegal.
There is overwhelming evidence that Ray Barton is also in recently revived ticker HIRU
But it sounds like there was a whole lot more back dating going on than just the Notes that were created during times that those two former John Jarvis hijacked entities were revoked.
Samsamsamiam is the Ray Barton expert so I know she is happy about the SEC Complaint. She's been following a lot of the Ray Barton tickers very closely the past few years.
The non-Barton tickers mentioned in the Meyers Associates LP Complaint include:
$20,500,000 in NewLead Holdings Ltd (NEWL) stock sales $38,000 in Choose Rain Inc (CHOS) stock sales $261,000 in OSL Holdings, Inc (OSLH) stock sales $109,000 in Innovative Product Opportunities stock sales - which now trades as Two Hands Corp (TWOH) $100,000 in ProtoKinetix, Inc (PKTX) stock sales $85,000 in Discovery Minerals, Ltd (DSCR) stock sales
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