Grinding Away!!!
From October 6, 2009 through December 10, 2010, Oppenheimer, through a
registered representative then associated with Oppenheimer who held a position as a Financial
Advisor (“FA”) and his immediate supervisor, a Branch Office Manager, willfully violated
Sections 5(a) and (c) of the Securities Act when it engaged in the unregistered distribution of the
securities of Quasar Aerospace, Inc. (“QASP”), Encounter Technologies, Inc. (“ENTI”), My
Social Income, Inc. (“MSOA”), Strategic Rare Earth Metals, Inc. (“SREH”), Sebastian River
Holdings, Inc. (“SBRH”), and Shot Spirit Corporation (“SSPT”) on behalf of a customer (the
“Customer”). The over 2.5 billion cumulative shares sold through the Customer’s account
generated approximately $12,000,000 in proceeds of which Oppenheimer was paid $588,400 in
commissions.
Who opined? Don't forget Taggatz, don't forget 2008, its grinding its way to a halt.
It will not be $1 this time.
See y'all at the next SEC press release.