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Re: karmakaziXpert post# 80460

Friday, 01/05/2024 6:20:11 AM

Friday, January 05, 2024 6:20:11 AM

Post# of 82140
If the SEC wins a favorable Ruling from this in the courts.Huge $ amount could be paid back to $SNPW/issuer.

https://www.corporatecomplianceinsights.com/sec-toxic-lenders/ (below)

These actions have resulted in substantial civil fines, disgorgement procedures, suspensions as penny stock dealers and cancellations of the underlying convertible notes. Inspired by these SEC actions, issuers have begun to proactively commence lawsuits to rescind these transactions. In response, courts have issued equitable orders returning the illicitly issued shares to the issuer or, alternatively, ruling that the issuer is to receive the dollar value of such shares.

$SNPW # 151 (scroll down)

https://www.securitieslawyer101.com/2023/sec-charges-auctus-fund-management-llc-and-its-co-owners-louis-posner-and-alfred-sollami-with-acting-as-unregistered-securities-dealers/

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