Tuesday, August 28, 2012 10:06:37 AM
"The Commission seeks a·final judgment (a) permanently restraining and enjoining
Defendants from violating Section 5; (b) ordering Defendants to disgorge their ill-gotten gains with prejudgment interest thereon; (c) ordering Defendants to pay civil money penalties,
pursuant to Section 20(d) of the Securities Act of 1933 (the "Securities Act") [15 U.S.C. §
77t(d)]; and (d) permanently prohibiting Defendants from participating in an offering of penny
stock, pursuant to Section 20(g) of the Securities Act of 1933 [15 U.S.C. § 77t(g)]."
http://www.sec.gov/litigation/complaints/2012/comp22452.pdf
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