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Re: BigBoyz post# 599

Friday, 02/12/2010 5:51:03 PM

Friday, February 12, 2010 5:51:03 PM

Post# of 622
just got this from sec:


Dear Mr. Kountouris:

Thank you for your taking the time to alert us to your concerns. The SEC’s Office of Investor Education and Advocacy (OIEA) processes many complaints received from individual investors and others. We keep records of the correspondence we receive in a searchable database that SEC staff may make use of in inspections, examinations, and investigations. In addition, some correspondence received by OIEA is referred directly to other SEC offices and divisions for their review.

Please understand that the SEC conducts its investigations on a confidential and nonpublic basis and neither confirms nor denies the existence of an investigation unless the SEC brings charges against someone involved. We do this to protect the integrity and effectiveness of our investigative process and to preserve the privacy of the individuals and entities involved.

As a result, we will not be able to confirm whether an investigation exists or provide you with any future updates on the status of your complaint or of any pending SEC investigation. You may wish to check our website, www.sec.gov, for information about pending SEC civil actions, administrative cases, and other matters. Please do note that if an investigation or other Commission action is initiated, it is possible you will be contacted by SEC staff for additional information.

I’ve attached a flyer that describes our policy as it will apply to your complaint. Please don’t hesitate to contact me if you have any other questions.

Sincerely,

David Powers

Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
help@sec.gov
www.sec.gov


File Attachment:
Correspondent Name: John Kountouris
Create Date: 2/9/2010
Origin: Web
File #: HO::~00021147~::HO
Description:
Hello.

I invested in this company back last year and they suddenly were pulled from the exchange. They are engaged in the exploration of coal properties and other minerals. From 2007 to present date the company has been active in finding and developing coal properties in North and South America. The Company earns working interests in early and/or advanced stage of coal and other mineral properties.

The advertising company for this stock was Pennystockchaser.com and they were really pumping this stock (their last update below) UNTIL the bottom just dropped out from under us. The Facebook update last sent me is below:

Penny Stockchaser September 2, 2009 at 9:30am Reply
www.pennystockchaser.com – SOCI, NVSR, and IFUS – All racking up gains for members this morning

SOCI, NVSR, and IFUS all reported strong news in the last 24 hours.

News drives investor interest and investor interest usually drives stocks higher. We think SOCI, NVSR, and IFUS are headed much higher after the labor day weekend holiday.

SOCI is @ .74 this morning which is up 17.46%. The volume at mid-day is 162,658. The company had news at the close in regards to a cola concession in Chile. SOCI has been a barn burner for the last three days. The stock has moved from .26 on Monday and looks like it will move past the old high of $1.23. Members should expect big news @ SOCI and we will release a special report on the company over the weekend.



Here is SOCI's info below:

100 W. Liberty St. 10th Floor,
Reno, Nevada
89505
Tel: 1-800-628-5764
Fax: 1-800-628-5764
info@southernenergycompany.com


http://www.southernenergycompany.com/


Any help would be appreciated! I lost thousands in this company and they are not responding to any folks who are trying to contact them. PLEASE HELP!


John
(626) 731-1596


----------------------------------------------------------------------------------------------
INFORMATION ABOUT SEC INVESTIGATIONS

Each year, thousands of investors ask the Securities and Exchange Commission to investigate the activities of other investors, financial professionals, corporations, brokerage firms, investment companies, stock exchanges, and others. These complaints generally suggest some impropriety or misconduct and sometimes make a plea to the SEC for direct assistance in resolving a grievance.

The SEC has the authority to investigate whether violations of the federal securities laws have occurred, and we make every effort to evaluate promptly and thoroughly the information provided by investors. But we cannot investigate every investor complaint. While many investor complaints do lead to full investigations and, if appropriate, to enforcement actions, we cannot guarantee that our review will lead to further investigation or that the SEC will take any legal action.

We also cannot provide you with updates on the status of your complaint or your request for an investigation. The SEC conducts investigations confidentially for two main reasons. First, we can conduct investigations more effectively if they are not announced publicly. For instance, important documents and evidence can be destroyed quickly if people hear of an investigation. Second, we keep our investigations confidential to protect the reputations of companies and individuals if we find no wrongdoing or decide we cannot bring a successful action against them. The SEC will not confirm or deny the existence of an investigation unless, and until, it becomes a matter of public record as the result of a court action or administrative proceeding.

When there is proof that someone has violated the securities laws, the sanctions may include financial penalties, orders to surrender profits, cease and desist orders, or an injunction by a court to prevent further violations. The SEC may also bar individuals from working for a securities firm, investment adviser, or investment company. We can also ask a federal court to bar individuals from being officers and directors of publicly held companies. In some situations, we may refer a case to the Department of Justice for possible criminal prosecution.

The SEC publishes news releases about its lawsuits and administrative actions, and the news media often report on them. You can read and download the SEC’s “Enforcement Actions” on our website at www.sec.gov/divisions/enforce/enforceactions.shtml. Or you can obtain hard copies by reviewing “How to Request Public Documents” at:
http://www.sec.gov/answers/publicdocs.htm
Or
Submit a written request to:
U.S. Securities and Exchange Commission
Office of Investor Education and Advocacy
100 F Street N.E.
Washington, DC 20549-0213
Fax: (202) 772-9295
Toll-Free: 1-800-732-0330


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