Praxsyn Corp (PXYN)

[cfoofme]

Did any of the criminal thieves with PXYN ever go to prison?

[bigee]

Thanks for the information. Hopefully they can fix this issue. Sooo many shares , I have.

[Luck vs logic]

The latest update is on their website praxsyn.com, from the end of July.

[bigee]

Any news on this?

[Drugdoctor]

There is no company, only worthless shares

[Luck vs logic]

At the current stock price the whole company is only worth about $800!

[Luck vs logic]

They have failed to come through on their commitment.

[Luck vs logic]

They have failed to come through on their commitment.

[Luck vs logic]

From the latest press release..


The Company has been preparing the missing filings to become current and expects to complete all missing filings in the current quarter. The Company will continue to update shareholders periodically.

[DCusrvn]

Anybody notice when the transfer agent was verified?

[ItsMyTurn]

Try again

CE List

https://www.tdameritrade.com/retail-en_us/resources/pdf/cesecuritylist.pdf

[ItsMyTurn]

CE List

[url][/url][tag]https://www.tdameritrade.com/retail-en_us/resources/pdf/cesecuritylist.pdf[/tag]

[ItsMyTurn]

PXYN on CE list. ATrade will only allow sells/liquidation after May 25th

[Termite7]

A PIRATE stock?!?! I LOVE PIRATE STOCKS!!!!!!!

[Luck vs logic]

Hopefully the new guy will be more forthcoming and provide regular information to the shareholders of praxsyn.

[ItsMyTurn]

Maybe with the old group out and some new blood at the helm they can change course, buy some CO2 extractors, and turn some of that medicated ointment they blend into CBD gold for all ailments.

[DCusrvn]

Cool new board and ceo. Wonder what the assets look like.

[bc2602]

seems like praxsyn.com is coming to life. checkout the PXYN updates.

[DCusrvn]

Thanks saw that been a trips player so looking for early loaders. Hope these guys come out current. I See updates on otc

[bigee]

YES! FINRA/SEC put out a letter: all Dark/Defuncts will be phased out by Sept 30 if they do not begin the process of going current with OTC Markets by June 30 2021. For many - some - stop signs, it likely means a flurry of filings to come. Basically any dark moving forward is $$$

[DCusrvn]

Question is are they waking up.. Interesting that its almost back to bid level when it was suspended. I have trip orders in just to see if they fill. So far they are not.

[ItsMyTurn]

Wow. People are actually putting money into everything in penny land

Come on 7....

[cfoofme]

[cfoofme]

"Fraudsters often use the latest news developments to lure investors into scams. We have become aware of a number of Internet promotions, including on social media, claiming that the products or services of publicly-traded companies can prevent, detect, or cure coronavirus, and that the stock of these companies will dramatically increase in value as a result.

Have any of these POS criminal scammers been thrown in prison yet?

[Luck vs logic]

The ceo has been banned for 5 years from being ceo in the deal with the sec. he needs to have someone else take over until then.

Otherwise he should be removed by the board and/or sued by the shareholders.

[tiberius23]

New CEO would be nice, but the current will remain and he's is crooked. This would definitely fly if he's no longer in charge.

[Luck vs logic]

Assuming that after the settlement Praxsyn will need to get a new CEO. I've read that statistically speaking, company's do very well immediately after getting a new CEO.

[Luck vs logic]

Praxsyn can only go up from here.

[Drugdoctor]

PXYN is a scam and will NEVER come back to current!

[cfoofme]

696,000 volume so far today.

[DCusrvn]

Just found it interesting and not easy to find. I guess time will tell. Have a bunch of free shares from profits so hope they get it together. There Twitter feed is family active.

[bigee]

If they pay the 65k fine, yes within a week.

[DCusrvn]

I find this interesting. It looks like the SEC and PXYN have come to a settlement back in August. So how long does it stay in gray markets. https://www.mondaq.com/unitedstates/securities/980242/sec-prosecutes-company-and-its-ceo-for-false-claims-in-press-releases any body have any idea?

[cfoofme]

Volume now 270,000s.

[cfoofme]

Is this scam back in business again? Someone just bought 94K shares.

[bigee]

Looks like a pump is coming within 6 months, someone keeps buying every week. .003 and .005. Little amounts like to not get notice. Crazy

[bigee]

Hopefully soon we be out of the grey market

[Drugdoctor]

Ridiculous! $PXYN is a scam that needed to be shut down... Too bad these former bad actors with $PXYN aren't going to prison also...

[Luck vs logic]

This S.E.C investigation is going nowhere and is just another example of government needlessly crushing businesses.

[Drugdoctor]

Correct, and then a non-filing scam company with no CEO will get the registration cancelled... and then there will be no Praxsyn... thank God!

[lucky, mydog]

likely , not for a long time, if ever.


The SEC’s complaint, filed in federal court in the Southern District of Florida, charges Praxsyn and Brady with violating antifraud provisions of the federal securities laws, and seeks permanent injunctive relief and civil penalties. The SEC also seeks an officer and director bar against Brady.


https://www.sec.gov/news/press-release/2020-97#.XqiNQUn5B2M.twitter

[bigee]

When are we leaving the grey market?

[3ch0]

I was never good at talking work out well since every hear is deaf.. heh get it HD ... i am more of a strong silent type... stay with my family at home protect the kids and wife ... HQ

[3ch0]

Nothing Rob bro. i05.. July 23 1999 i23 i8 23 i8 33 08 Z 08 26 . your in good shape and have what u always wanted ur real 23 ... look down all aligned you even have 3 very happy I see ... and Mah Anne Hatcher .. Brady 7D finally caught her very very happy she got the best and away from the mess brain hemorrhage and just like me and you... where we are from we only need 2 legs .. i means eyes... and since my third is myself back at 86 or health card in HI... 04-28-92 1:05 Earache Sara, dhe.... while the last three spaces are blank .. disposition of case , Time out , and no sign where usually and every time signed Eloo HA ... my school nurse at Fort Shafter Hawaii... 123X then 30
Now I'm just tired starving and thirsty packing up to walk to where who knows ... I'm still in a state of shock ... i just arrived ... caught every apple that fell off the tree or something like that... if u want to stay here and continue this loop then that's fine but won't see me again ... thxs dad.

[tiberius23]

What are you trying to say.

[bigee]

I miss those .09 cent days.

[Hole shot King]

$PXYN case

Praxsyn Corp. and its CEO face charges for allegedly issuing false and misleading press releases. These releases claimed to have access to large quantities of N95 or similar masks to protect wearers from the COVID-19 virus. https://t.co/8f6SMJzDUj pic.twitter.com/Petoam0OXq

— Compliance Carl (@PatrinaCorp) May 21, 2020

https://www.sec.gov/news/press-release/2020-97

https://www.sec.gov/litigation/complaints/2020/comp-pr2020-97.pdf

[Luck vs logic]

We need an update with solid info (financials etc.), not just the "we hope to do this" "we hope to do that" we've been fed until now.

[Hole shot King]

2. Enforcement Actions
A trading suspension is not a finding of fraud or misconduct.[12] In many instances, the Division of Enforcement will continue to investigate whether an issuer whose stock has been suspended from trading was engaged in potential fraud or other misconduct and, if appropriate, will recommend charges to the Commission. Because of the potential severity of the impact of this sort of misconduct on investors we are conducting these investigations on an extremely accelerated basis.

One such example is Praxsyn Corporation, whose stock was suspended from trading on March 25. As stated in the Commission’s Order, the suspension was due to questions regarding the accuracy and adequacy of claims Praxsyn made in a pair of press releases “about having, and being able to obtain, large quantities of N95 masks used to protect wearers from COVID-19.”[13] After the suspension was ordered, the staff continued its investigation, and on April 28, the Commission filed suit against Praxsyn and its CEO in federal court in Florida.[14] This was the Commission’s first action alleging fraud charges relating to an issuer’s COVID-19-related claims. The case was filed 61 days after Praxsyn made its first allegedly fraudulent statement.

Civil actions that result in sanctions serve significant enforcement goals that suspensions are not designed to achieve, such as deterrence, punishment, and in some cases compensation of harmed investors. There are numerous active investigations of COVID-19-related potential misconduct, many of which are also proceeding at an accelerated pace.

https://www.sec.gov/news/speech/keynote-securities-enforcement-forum-west-2020

[Praxsyn Sucker]

Thanks!