Breitling Energy Corp fka BECC

[samsamsamiam]

PMAH and BERX

A rather curious connection - given the success of BERX keeps being brought up and some have mentioned the run it had. a run as the result of a litigated pump and dumper? Craig Mora - perhaps?

"Insiders here have a great track record with BERX, no Criminals or SEC actions against them!! It's been over a week now, if there was any dirt the DD Fraud team would have found it by now!!"
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http://www.beringexplore.com/
Registrant:
craig mora
123 elm
west palm beach, Florida 33411
United States

Registered through: GoDaddy.com, LLC (http://www.godaddy.com)
Domain Name: BERINGEXPLORE.COM
Created on: 17-Aug-10
Expires on: 17-Aug-13
Last Updated on: 18-Aug-11

Administrative Contact:
mora, craig [e-mail]
123 elm
west palm beach, Florida 33411
United States
+1.7706055365

Technical Contact:
mora, craig [e-mail]
123 elm
west palm beach, Florida 33411
United States
+1.7706055365

Domain servers in listed order:
NS31.DOMAINCONTROL.COM
NS32.DOMAINCONTROL.COM


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Registrant:
craig mora

Registered through: Go Daddy
Domain Name: BERINGEXPLORE.COM

Domain servers in listed order:
NS31.DOMAINCONTROL.COM
NS32.DOMAINCONTROL.COM








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Same Craig Mora?

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 20644 / July 14, 2008

SEC v. Mobile Ready Entertainment Corp., Michael H. Magolnick and Craig A. Mora, Case No. 1:08-CV-2263, (Northern District of Georgia (Atlanta Division)

SEC Charges Co-CEOs of Mobile Phone Marketing Company with "Pump and Dump" Stock Fraud

The Securities and Exchange Commission (Commission) today announced the filing of a civil action in the United States District Court for the Northern District of Georgia against Mobile Ready Entertainment Corp. (Mobile Ready) and its former co-chief executive officers Michael H. Magolnick (Magolnick) and Craig A. Mora (Mora). The Commission alleges that, between January and July 2007, Magolnick and Mora, acting through Mobile Ready, created artificial demand for Mobile Ready stock through the issuance of false and misleading press releases that contained baseless revenue projections and identified contracts for future business that did not exist. These false and misleading press releases inflated the per share price and trading volume of Mobile Ready. The complaint alleges that Magolnick and Mora thereafter made additional false statements in efforts to obtain unfounded legal opinion letters supporting their sales of Mobile Ready shares, which were not freely tradable. As a result of their efforts to artificially inflate the market for Mobile Ready stock and their obtaining baseless legal opinions supporting their sales, Magolnick and Mora sold personal holdings of more than 2 million restricted shares each.

The Commission alleges that, by their misconduct, defendants violated Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and that Magolnick and Mora further violated Sections 5(a) and 5(c) of the Securities Act of 1933. The Commission seeks against the defendants permanent injunctive relief, and, with respect to Magolnick and Mora, an accounting, disgorgement of ill-gotten gains plus prejudgment interest, civil penalties, and penny-stock and officer-director bars.

SEC Complaint in this matter



http://www.sec.gov/litigation/litreleases/2008/lr20644.htm


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Three Orange County residents — two of them attorneys — have settled charges that they participated in a scheme to “pump and dump” stock on unsuspecting investors.
Costa Mesa attorney Albert J. Rasch Jr., Kathleen R. Novinger and Sandra Masino, owner of Newport Beach-based 144 Opinions Inc., agreed not to participate in penny stock offerings for five years. Novinger, an associate in Rasch’s law office, was fined $10,000. Rasch and Masino were fined $20,000 each and ordered to disgorge their fees.
The Securities and Exchange Commission said the three had run a legal “opinion mill” to helped insiders illegally sell restricted stock to the public. The SEC’s Rule 144 allows public companies to give restricted stock to insiders but generally bars those insiders from selling the stock for a year.
The SEC alleged that Masino, who is not a lawyer, wrote opinion letters saying that restricted stock could be sold early. Rasch and Novinger then signed those letters.
During 2007, Masino wrote and the Rasch law firm signed off on 24 opinion letters removing the sales restrictions from 22 million shares of Mobile Ready Entertainment Corp. Masino charged $295 per letter, paying the Rasch law firm $45 per letter.
Two insiders at Mobile Ready, Michael H. Magolnick and Craig A. Mora, allegedly used the opinion letters to sell their restricted stock after first hyping the company’s prospects. They each allegedly pocketed $70,000 in profits from selling their restricted stock.
The SEC sued Rasch, Novinger and Masino May 5 in Georgia, where Mobile Ready is based. It filed a separate suit against Mobile Ready, Magolnick and Mora in July 2008 that is still pending.
http://www.sec.gov/litigation/litreleases/2009/lr21169.htm
http://www.sec.gov/litigation/complaints/2009/comp21024.pdf

http://ocbiz.ocregister.com/2009/08/05/sec-settles-with-3-in-pump-and-dump-scheme/13801/