AXM Pharma Inc. (AXJ)

[PhillyPA65]

SEC Hasn't Gone After Chet Howard Yet ?

http://www.sec.gov/Archives/edgar/data/1113643/000112178106000004/axm8k10506.htm

I may contact a law firm soon and see if we can get a class action lawsuit started against Chet Howard.

Remember when AXJ did a PIPE with Gryphon Funds? The SEC is going after Gryphon Funds for shorting stocks using Canadian accounts. They were shorting companies that they did PIPE deals with!!!

Gryphon PIPE Shares:

http://www.sec.gov/Archives/edgar/data/1113643/000119312506003971/dsc13ga.htm

SEC Litigation Release No. 19942 / December 12, 2006

I sent an email to the SEC lawyers working on the Gryphon case. It's possible that Gryphon was also shorting AXJ.

http://www.sec.gov/litigation/litreleases/2006/lr19942.htm

I'll keep you updated. I would like to see the SEC litigate and act as the plaintiff. If they don't, I'll find a law firm and see if they think we have a case against Chet Howard and the rest of the gang.

Tony