The statements in the SEC's own filings by the commission for HJOE and the other 3 names leave no room for interpretation.
The three Respondents were served with the OIP by October 31, 2016 and their answers were due by November 14, 2016. I noted that the three Respondents had not filed answers and ordered them to show cause by November 25, 2016 why the registrations of their securites should not be revoked by default due to their failure to file answers or otherwise defend the proceeding. The three Respondents did not attend the telephonic prehearing conference held on November 29, 2016, and to date have not filed answers or responded to the show cause order.
Verses the SEC's statement that HJOE did in fact submit an offer of settlement in a timely manner which was accepted by the commission.
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.
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