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Monday, June 27, 2022 11:21:41 AM
QNTA_a_CON: "WELLS_NOTICE"_aka_THE_SEC_IS_BUSTING_THEIR_ASS LOL !!
https://news.bloombergtax.com/financial-accounting/quanta-receives-notice-from-sec-recommending-enforcement-action
A "Wells Notice" is the formal written notification "YOU ARE BEING FORMALLY CHARGED BY THE SEC and will be SUED BY SAME" and congratulations, you are now civilly busted and "might" here from the DOJ "soon" on criminal charges LMAO !!
IT IS OVER ON THIS SCAM BOYS n GIRLS - they just got the kiss of freaking death for a RED YIELD SIGN SCAM - the OTC MARKETS will now never remove that YIELD and likely will be forced to DROP THIS SCAM TO SKULL & BONES CAVEAT EMPTOR DUE TO LEGAL ACTIONS -
https://ih.advfn.com/stock-market/USOTC/quanta-pk-QNTA/stock-news/88455193/current-report-filing-8-k
QUOTE SEC 8-K MONDAY JUNE 27th FORMAL NOTICE OF SEC LAWSUIT ACTION (DOJ would be the ones to possibly file CRIMINAL charges which often goes hand-n-hand with a WELLS NOTICE CIVIL action being formally served !!):
"Item 8.01 Other Events.
On May 27, 2022, Quanta Inc. (the “Company”) received a Wells notice (the “Notice”) from the staff of the Los Angeles Regional Office of the Securities and Exchange Commission (the “Commission”) stating that they are recommending an enforcement action be filed against us based on (i) our financial statements and other information contained in reports filed by us with the Commission by us for our 2021 year and thereafter; and (ii) press releases issued by the Company.
The Notice states that the Commission anticipates alleging that we have violated Section 17(a) of the Securities Act of 1933, Sections 10(b), 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the Securities Exchange Act of 1934 and Rules 10b-5, 12b-20, 13a-1, 13a-11, 13a-13, and 13a-15 thereunder.
We contend that we have not committed any wrongdoing or the violations referred to in the Notice. We cannot predict whether the Commission will follow the recommendations of the staff and file suit against us. If any enforcement proceeding is instituted by the Commission, we will defend the action.
We cannot predict the outcome or timing of this matter.
"
LMAO - "Defend the action" USING WHAT - they had past tense $7K TOTAL CASH LEFT in the bank account of this SCAM WTF ?????
It's $100K RETAINER just to get ANY SEC TRIAL LAWYER worth 2 shits to touch a scam case like this - so they gonna use GREEN STAMPS or MORE TOILET PAPER DILUTION to "buy an attorney" to defend them against THE FEDS who have UNLIMITED BUDGETS and ALL THE TIME IN THE WORLD for a court case aka CIVIL case which means TWO YEARS AT LEAST in a Federal court LOL !!
STICK A FORK IN THIS SCAM - we all know now why their ACCOUNTING FIRM QUIT IN A BLING AND RAN TO ESCAPE THIS DUMPSTER FIRE and likely IMO cooperated WITH THE FEDS and gave them info for this formal lawsuit now !!
https://www.otcmarkets.com/stock/QNTA/disclosure
Pink Limited Information
Company is not current in its reporting obligations under Section 13 or 15(d) of the Exchange Act.
Delinquent SEC Reporting IconDelinquent SEC Reporting
https://news.bloombergtax.com/financial-accounting/quanta-receives-notice-from-sec-recommending-enforcement-action
A "Wells Notice" is the formal written notification "YOU ARE BEING FORMALLY CHARGED BY THE SEC and will be SUED BY SAME" and congratulations, you are now civilly busted and "might" here from the DOJ "soon" on criminal charges LMAO !!
IT IS OVER ON THIS SCAM BOYS n GIRLS - they just got the kiss of freaking death for a RED YIELD SIGN SCAM - the OTC MARKETS will now never remove that YIELD and likely will be forced to DROP THIS SCAM TO SKULL & BONES CAVEAT EMPTOR DUE TO LEGAL ACTIONS -
https://ih.advfn.com/stock-market/USOTC/quanta-pk-QNTA/stock-news/88455193/current-report-filing-8-k
QUOTE SEC 8-K MONDAY JUNE 27th FORMAL NOTICE OF SEC LAWSUIT ACTION (DOJ would be the ones to possibly file CRIMINAL charges which often goes hand-n-hand with a WELLS NOTICE CIVIL action being formally served !!):
"Item 8.01 Other Events.
On May 27, 2022, Quanta Inc. (the “Company”) received a Wells notice (the “Notice”) from the staff of the Los Angeles Regional Office of the Securities and Exchange Commission (the “Commission”) stating that they are recommending an enforcement action be filed against us based on (i) our financial statements and other information contained in reports filed by us with the Commission by us for our 2021 year and thereafter; and (ii) press releases issued by the Company.
The Notice states that the Commission anticipates alleging that we have violated Section 17(a) of the Securities Act of 1933, Sections 10(b), 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the Securities Exchange Act of 1934 and Rules 10b-5, 12b-20, 13a-1, 13a-11, 13a-13, and 13a-15 thereunder.
We contend that we have not committed any wrongdoing or the violations referred to in the Notice. We cannot predict whether the Commission will follow the recommendations of the staff and file suit against us. If any enforcement proceeding is instituted by the Commission, we will defend the action.
We cannot predict the outcome or timing of this matter.
"
LMAO - "Defend the action" USING WHAT - they had past tense $7K TOTAL CASH LEFT in the bank account of this SCAM WTF ?????
It's $100K RETAINER just to get ANY SEC TRIAL LAWYER worth 2 shits to touch a scam case like this - so they gonna use GREEN STAMPS or MORE TOILET PAPER DILUTION to "buy an attorney" to defend them against THE FEDS who have UNLIMITED BUDGETS and ALL THE TIME IN THE WORLD for a court case aka CIVIL case which means TWO YEARS AT LEAST in a Federal court LOL !!
STICK A FORK IN THIS SCAM - we all know now why their ACCOUNTING FIRM QUIT IN A BLING AND RAN TO ESCAPE THIS DUMPSTER FIRE and likely IMO cooperated WITH THE FEDS and gave them info for this formal lawsuit now !!
https://www.otcmarkets.com/stock/QNTA/disclosure
Pink Limited Information
Company is not current in its reporting obligations under Section 13 or 15(d) of the Exchange Act.
Delinquent SEC Reporting IconDelinquent SEC Reporting
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