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Monday, 01/10/2022 11:27:41 AM

Monday, January 10, 2022 11:27:41 AM

Post# of 1144
SEC Subpoena

From the Q3 10Q:

ITEM 1.A – RISK FACTORS



We have received a subpoena from the SEC.



On November 9, 2021, we received a subpoena from the SEC for the production of documents. We have reason to believe that the focus of the SEC’s inquiry involves whether we have violated the federal securities laws in connection with, among other things, the offer and sale of cryptocurrency products and the operation of our subscription-based multi-level marketing business now known as iGenius. We intend to fully cooperate with the SEC in this matter. Responding to the subpoena will and may continue to entail cost and management’s attention. The existence of an SEC investigation and its potential outcome could have a material adverse effect on us and our business and operations.