Wednesday, April 16, 2014 2:36:18 PM
"According to the SEC’s order, Kramer and Mazuma Holding Corporation acquired more than one billion shares of Bederra in 2009 and 2010 through 21 separate transactions from the principal of Bederra’s transfer agent, who had misappropriated the Bederra share certificates. Again they purchased the shares at a significant discount from prevailing market prices. Kramer and Mazuma Holding Corporation re-sold the misappropriated Bederra shares to the public without any registration statement for a profit of $934,404. "
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370540410863#.Uq4ljtJDvuN
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