Quanta Inc (fka QNTA)

[Dragon Lady]

If all else fails, nothing prevents anyone from picking up a phone and calling a market maker and dealing with them directly. Now price and liquidity are a different matter. And there I agree with you.

All joking aside, I don't think anyone with the intent of killing a company could have done a better and more efficient job than Father and Son. It amazed me right to the end the kid was spamming his bullshit instead of working the phone cutting a deal with all the drug companies in this world he could have been speaking to All the while, pretending to be a friend to shareholders while stabbing them in the back with dilution and fraud to cover it up.. Disgusting!.

Yes.

AND contrary to other misinformation being circulated - this is NOT merely about some "accidental" and/or "Gee, we're sort of incompetent" BS about "By golly we can not get them SEC filings done on-time or correctly" blah blah NO !!

The SEC WELLS NOTICE lists ALL areas of the Securities Act of both 1933 and 1934 alleged to be violated by these serial grifter CON ARTISTS - and it involves FRAUD !!!

The areas cited in the WELLS NOTICE have to do with ILLEGAL SALE OF UN-REGISTERED SECURITIES aka insider illegal self-enrichment and is thee NUMBER ONE "charge" usually for serial OTC grifer cons !!

The SEC also notes just "other" kinds of FRAUD - from company "promotional fraud" (Pumping and dumping based on lies and false hype in PR, Twitter, etc) and just plain old scammary !

Here's the WELLS NOTICE citing the specific charges the lawsuit will contain in the FORMAL COMPLAINT the SEC will file "soon" in a CA federal district court.

I've stated numerous times I'd not be surprised in the slightest to see the DOJ follow "soon after" with criminal charges in a separate and parallel lawsuit to the SEC as is often "how it's done" aka CRIMINAL INDICTMENTS to follow IMO !!

https://ih.advfn.com/stock-market/USOTC/quanta-ce-QNTA/stock-news/88455193/current-report-filing-8-k

LAWS VIOLATED PER SEC INVESTIGATION AND NOW FORMAL "WELLS NOTICE" aka INTENT TO FILE SUIT :

"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.
"

FRAUD boys n girls and SALE OF UN-REGISTERED SECURITIES and "more" including THE SEC specifically pointing to "COMPANY PRESS RELEASES" = this will not and does not END WELL !!!!

IF the MOOCH and his kid ain't on the run and outside the USA already - I'd personally be shocked !!