InvestorsHub Logo

@-@

Followers 78
Posts 10056
Boards Moderated 1
Alias Born 10/28/2007

@-@

Re: None

Thursday, 12/03/2009 11:41:29 AM

Thursday, December 03, 2009 11:41:29 AM

Post# of 19575
What is the SEC's basis for implying this shell was hijacked?

SEC Suspends Trading in 17 Companies to Combat Corporate Hijackings
The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934, of trading of the securities of the following 17 companies at 9:30 a.m. EDT on Sept. 23, 2009, and terminating at 11:59 p.m. EDT on Oct. 6, 2009: AEI Transportation Holdings, Inc. (DTGP) of Seattle, Washington; The Alcar Chemicals Group, Inc. (ALCX) of Vercheres, Quebec; China Adnet Enterprises, Inc. (CAEJ) of New York, New York; Innolife Pharma, Inc. (INNP) of Toronto, Ontario; KSW Industries, Inc. (KSWJ) of Etobicoke, Ontario; Level Vision Electronics, Inc. (LVLV) of Montreal, Quebec; Life Exchange, Inc. (LFXG) of Miami, Florida; Lotta Coal, Inc. (LCOL) of Calgary, Alberta; Magellan Energy Ltd. (MGLG) of Mississauga, Ontario; Marinas International, Inc. (MNSI) of Cincinnati, Ohio; Microlink Solutions, Inc. (PKTO) of Calgary, Alberta; UDS Group, Inc. (UDSG) of Boca Raton, Florida; United Environmental Energy Corp. (UTEM) of Fort Lauderdale, Florida; Uptrend Corp. (UPCP) of Shinjingshan District, Beijing; VShield Software Corp. (VSHE) of Henderson, Nevada, World Hockey Association Corp. (WHKA) of Oldsmar, Florida; and WW Energy, Inc. (WWNG) of Farmington, New Mexico.

The Commission temporarily suspended trading in the securities of the 17 companies because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning their status as publicly-traded companies. Specifically, certain persons appear to have either: 1) usurped the identity of defunct or inactive publicly traded corporations, initially by incorporating new entities using the same names as each of the defunct entities, or 2) reinstated defunct publicly traded corporations without authorization. (Rel. 34-60707)


DISCLAIMER: I am a dirty, rotten penny investor. I am not compensated by any stock. I've asked them to pay me, they refuse. I buy stock on the open market. I sell it there. I like money. I am greedy. I am under the care of a psychiatrist.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.