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Re: TenKay post# 136052

Friday, 05/25/2018 7:49:04 PM

Friday, May 25, 2018 7:49:04 PM

Post# of 224571
OT re RIGH/Budgenius SEC charges...

Well, it's nice when some of them get caught. I followed this one for years- an obvious scam in the MJ testing space.

Now, SEC is finally bringing charges, and the details read as though they were pulled from some Ihub DD I and others did.

Satisfying to see SOME of the scammers get nailed:

https://www.sec.gov/litigation/complaints/2018/comp24148-bud-genius.pdf

https://www.sec.gov/litigation/complaints/2018/comp24148-moffitt.pdf

Question, though... I see some shareholders were still able to sell after these charges were brought. I realize they are only charges so far, but the OTCM lists RIGH as a "Prohibited Service Provider":

https://www.otcmarkets.com/stock/RIGH/quote


That PSP designation has been in place for some time, even before the charges were brought agaist RIGH.

Does it have no teeth?

Thanks.
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