Agee, but there's not enough resources to pursue. I think common sense and common knowledge of pink markets' pit falls is what the SEC relies on . But , it does seem strange that the SEC allows an exchange to continue when it knows 90+ % are devoid of any transparency and an even greater amount fail and leave investors losing . Sney is as blatant as it gets in this regard .
Sney has committed major sec violations per the 2014 PR spring fling , and those pursuits by sec have no immediate time restriction , so there still may be a reckoning for that .
Any jr field compliance officer could take a cursory glance at their last recorded audited filing ( forever ago ) and then mesh it with the PRs and easily make a case . Not to mention the CEO directly begging for people to buy the symbol in PRs and promising that the price would go to a certain level based on " secret Liberian investors " , but first " loyal Sney SH need to buy the price up to .01" pp
That is text book description of low intel scam .
I also wonder how many insider ( affiliate ) shares were being sold into the market at the same time of those illegal pleas??