The company we were scheduled to merge into is under SEC investigation and trading in the stock has been halted for over a year after Jehu Hand and Patrick Johnson did a 20,000 to 1 RS on the company.
Then issued billions of shates to generate funds to line thier pockets.
May they all do 10 years prison time.
SEC Files Subpoena Enforcement in Possible Market Manipulation Scheme
Litigation Release No. 24369 / December 7, 2018
Securities and Exchange Commission v. NVC Fund LLC and Frank Ekejija, No. 2:18-mc-00164 (C.D. Cal. filed November 30, 2018)
The Securities and Exchange Commission filed a subpoena enforcement action against NVC Fund LLC and its principal, Frank Ekejija, seeking an order directing them to comply with an investigative subpoena for documents and testimony.
According to the SEC's application, filed on November 30, 2018 in U.S. District Court for the Central District of California, the SEC is investigating whether certain individuals or entities engaged in a potential pump-and-dump scheme in the stock of three penny-stock companies, Cherubim Interests, Inc., PDX Partners, Inc., and Victura Construction Group, Inc. Because the SEC was concerned about the accuracy of the companies' disclosures, the SEC suspended trading in their securities on February 15, 2018 for ten business days. Based on its ongoing investigation, the SEC has reason to believe that each company issued false public statements in January 2018 to "pump" their stock price, claiming that NVC Fund owns "trillions" of dollars in "AAA-rated" assets, and that each company acquired hundreds of millions of dollars of these assets from NVC Fund. After the stock price and trading volume for each company increased as a result of the news, an entity associated with the companies may have "dumped" their overvalued shares for significant profits.
