Hangover Joe's Holding Corp. (fka HJOE)

[james885]

The below statement is standard wording and because hjoe totally ignored and never responded to the SEC's final warnings and letters, the statement says since hjoe didn't bother to contact the SEC, the SEC considers that an official acceptance from hjoe in absentee. By not complying with the SEC, hjoe accepted the SEC's judgements by proxy. The SEC considers hjoe consented because hjoe isn't there to say no. The SEC finished the case without hjoe's input. This is done all the time.

No this is the standard wording from the SEC when a company fails to respond. Of course the date will vary.

INITIAL DECISION OF DEFAULT

On May 20,2016 the Securities and Exchange Commission issued and order instituting proceedings pursuant to Section 12(j) of the Securites Exchange Act of 1934, alleging that the Respondents have securities registered with the Commission and are delinquent in their periodic filings. All Respondents were served with the order instituting proceedings by June 9,2017 and none has filed an answer, due within ten days of service.

Compared to the wording from the SEC in HJOE's case.

The Securities and Exchange commission deems it necessary and appropriate for the protection of investors to accept the Offer of Settlement submitted by Hangover Joe's Holding Corp.