New York, Nov 06, 2003 (M2 PRESSWIRE via COMTEX) -- In a series of administrative proceedings, the SEC has charged several well-known stock touts with selling unregistered stock. It's a good move by the regulators - but is it enough?
The SEC charged the following companies for issuing unregistered stock: T&G2, Inc. (OTCBB: TTGG), Virilitec Industries, Inc. (OTCBB: VRLT), First Capital International (OTCBB: FCAI), Energy & Engine Technology Corporation (OTCBB: EENT), ProActive Computer Services, Inc. (OTC: PAVP)
The Internet websites used to tout these stocks were: Equity Alert, Small Cap Solutions, OTC Live and WillyWizard.
The complete story details the SECs charges against the stock promoters and names those individuals as well. To read this story, go to http://www.theaxcess.net
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