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Jan 03, 2013 (SECURITIES AND EXCHANGE COMMISSION RELEASE/ContentWorks via
COMTEX) -- The Commission announced that on January 2, 2013, the United States
District Court for the Southern District of Florida entered a Final Judgment of
Permanent Injunction by consent, against Defendant Yan K. Skwara enjoining him
from violations of Section 10(b) and Rule 10b-5 of the Securities Exchange Act
of 1934 ("Exchange Act") and Section 17(a) of the Securities Act of 1933
("Securities Act"). United States District Judge Robin S. Rosenbaum ordered Yan
K. Skwara, CEO, President, CFO, and Chairman of US Farms, Inc., to pay
Disgorgement, Prejudgment Interest and a Civil Penalty pursuant to Section
21(d)(3) of the Exchange Act and Section 20(d) of the Securities Act. The Final
Judgment orders Defendant Skwara to pay disgorgement in the amount of $28,000,
prejudgment interest of $3,372.57 and imposes a civil penalty of $28,000 for a
total of $59,372.57.
United States District Judge Robin S. Rosenbaum entered a permanent injunction
by default against US Farms, Inc. enjoining them from violations of Section
10(b) and Rule 10b-5 of the Securities Exchange Act of 1934 ("Exchange Act") and
Section 17(a) of the Securities Act of 1933 ("Securities Act"). Judge Rosenbaum
ordered US Farms, Inc. to pay disgorgement in the amount of $28,000 and
prejudgment interest of $3,372.57 for a total of $31,372.57.
The Commission commenced this action by filing its Complaint on June 4, 2012,
against Yan K. Skwara and US Farms, Inc. The Complaint alleges that Defendants
Skwara and US Farms, Inc. engaged in a fraudulent scheme involving the company's
stock, illicit kickbacks, and phony agreements to mask those kickbacks. [SEC v.
Yan K. Skwara et al.., Civil Action No. 12-61078-CIV- Rosenbaum/Seltzer, (S.D.
Fla.)] (LR-22584)
Copyright (C) 2013 Federal Information & News Dispatch, Inc.
Jimmy F blew it!
So, is that it, game over?
Will USFM trade again??
CCTC is looking good folks!
The street must know something :)
Way to go Mr. F, you really blew it...
Jimmy used to take phone calls. After he forgot about our webcast he never picked up again. What a loser.
yes, poor at best...what are you doing Jim?
Jim will get what he deserves. What goes around comes around.
you said it man...
Jim, you suck!
the missed webinar is bs. the company clearly doesn't care about shareholder. usfm is up to its old tricks...
Financials?? Let's go Farooquee
me too gumza...just a matter of time. jimmy is a snail ;)
i hope you're right mr wang.
::fingers crossed::
we'll see...
interesting first post. i'm skeptical since your user was just created within the last half hour. no introduction??
great day ;)
Good find napolean.
I'm pissed as Jimmy's lack of attention to the share price as well...All eyes were on USFM a while back. We're right back where Yan left us...
Jim needs to get his ass in gear...
nice post welderscott :)
Let's go USFM
since things aren't gonna happen overnight with USFM impatient shareholders are going to bail. with a low floater like USFM unfortunately we will see a dip like others have stated.
thanks for the slap ;)
Jimbo, you better get your ass in gear.....the webinars are clearly not working buddy.
zero volume on a webinar day....give me a break.
According to the website July 18th will be the next webinar.
my guess is "UP"
I can't wait!!!
Webinar - June 20th at 10am PDT
Jimbo's Office - 800-308-0029
lol...dubstep huh? maybe Bassnectar can do the remix...
wow .009 wtf?
And that is their right as a stockholder. Let them sell...
Jim Farooquee is clearly in no rush and has said it several times. I know that sucks for folks trying to get rich overnight but it is what it is. Remember the pps was trading in the .003 - .007 range before he was appointed. Just that alone has brought us back up 100% plus.
I can agree somewhat that the financials should be ready by now. The "CE" has got to go already. I also would have loved a solid PR weeks ago. If you're skeptical and worried just call Jimbo. He is very willing to talk with shareholders about new ideas, raising capital, and making USFM a leader in the health and wellness sector. Again, these things don't happen overnight ;)
Relax......
Jim Farooquee and Mason Tarkeshian wouldn't be wasting thier time with this if they didn't see great potential. Once we attract a few large investors and gain some momo this baby will run hard like a low floater should.
Correct. We need some substance here. Not just a webinar but somthing to back it up with. We also need financials and the skull and bones removed asap.
Lets go Jimbo!
Two weeks until the next webinar. Let's hope for some great news before then...
Stockman, did you go on vacation?
They screwed me pretty bad too....