Obocon Inc. (OBCN)

[samsamsamiam]

He is a great Salesman/Broker/Purveyor.

Did he forget he was permanently barred from participation in any pennystock offerings???






so perhaps he thought if he changed his name on a SEC filing the SEC wouldn't notice?



U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 19958 / January 4, 2007
SEC v. U.S. Wind Farming, Inc., et al., Case No. 05 C 4259 (N.D. Ill., filed July 25, 2005)
On December 12, 2006, the Honorable Milton I. Shadur of the United States District Court for the Northern District of Illinois, Eastern Division, entered orders of Final Judgment, by default, against Defendants Anthony M. Necoechea and 20th Century Jackson Equities, Inc.
The Commission's First Amended Complaint alleged that Necoechea participated in a scheme to evade the registration provisions of the Securities Act of 1933. Necoechea, through his company, 20th Century Jackson Equities, obtained millions of shares of U.S. Wind Farming stock in an unregistered offering with the expectation that he would sell the shares into the public market and provide Wind Farming with a portion of the proceeds of these sales. The Final Judgment permanently enjoins Necoechea and 20th Century Jackson Equities from violating Sections 5(a) and 5(c) of the Securities Act of 1933 and bars them from participating in penny stock offerings. In addition, the Court ordered that Necoechea and 20th Century Jackson Equities are jointly and severally liable for disgorgement plus prejudgment interest totaling $350,268.17, and a civil penalty of $120,000.
For further information, see Litigation Release No. 19311 (July 26, 2005), No. 19546 (January 30, 2006), No. 19802 (August 11, 2006), and No. 19886 (October 25, 2006).



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Apparently he was simply the Broker that arranged and expedited the sale to completion.

he has a broker license now???

https://www.sandiegoreader.com/news/2005/aug/18/scam-wizards/

Necoechea alone sold 22 million unregistered shares to the public through an unregistered firm he controlled, according to the agency. He is not a registered broker with the National Association of Securities Dealers. Regulatory filings indicate that a Tony Necoechea twice failed his brokerage exams in the 1990s while with Desert Mountain Securities, a penny stock brokerage that handled the stocks promoted by Melvin Lloyd Richards, a San Diego stock tout who ended up in prison. After four days trying to reach Necoechea's lawyer, I gave up.