Greene Concepts Inc (INKW)

[BionicBoy]

"SEC OBTAINS JUDGMENTS AGAINST STOCK DISTRIBUTORS STEPHEN CARNES, LAWRENCE POWALISZ AND THEIR COMPANIES"

Stephen W. Carnes, Lawrence A. Powalisz, and their companies K&L International Enterprises, Inc., Signature Leisure, Inc., and Signature Worldwide Advisors, LLC. The Commission's complaint alleged that the defendants engaged in a scheme to evade the registration provisions of the federal securities laws by selling billions of shares of stock issued by microcap companies to the investing public without adhering to the registration requirements of Section 5 of the Securities Act of 1933. The defendants consented to entry of the Final Judgments without admitting or denying the allegations in the complaint.

https://www.sec.gov/litigation/litreleases/2010/lr21632.htm

Why is this guy being issued 20 Preferred Class B shares that can be converted into 2,000,000,000 common shares?

3/18/2022 New Issuance 20 Preferred
B
$.001 Par Value Lucky Pony
Stephen Carnes
Share
Exchange
Restricted
https://www.otcmarkets.com/otcapi/company/financial-report/337502/content