West Coast Ventures Group Corp (fka WCVC)

[trader53]

WCVC Toxic Lenders are Responding to SEC Investigations




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Basile's article is dated Aug 2023
references "SEC v. Almagarby, et al."
which was initiated in 2017,
and finalized in 2020

(date of published judgment;
but note: remedies weren't ordered until 2021).

If a 3-year time frame is typical,
that might suggest that any SEC actions
against Nixon's toxic lenders that started in, say, 2021,
might be near their end.

https://www.thebasilelawfirm.com/post/how-toxic-lenders-are-responding-to-sec-investigations-and-enforcement-actions

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The Basile Law Firm P.C. - Recent Court Wins

https://www.thebasilelawfirm.com/post/the-basile-law-firm-p-c-recent-court-wins

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How Toxic Lenders are Responding to SEC Investigations and Enforcement Actions

The United States Securities and Exchange Commission (SEC)
has been investigating the convertible toxic note industry for a few years
and has recently filed several high profile enforcement actions
against several of these “lenders”
for violations of certain federal securities laws,
particularly failure to register as a “dealer”

A troubling pattern has emerged.

Many of these lenders are probably seeing the writing on the wall
as it is only a matter of time before the SEC comes after them.
It seems that while panic is slowly setting in,
lenders are becoming more and more aggressive
in attempting to settle outstanding and unpaid notes
and/or claim default and commence lawsuits for the same.

https://www.thebasilelawfirm.com/post/how-toxic-lenders-are-responding-to-sec-investigations-and-enforcement-actions

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WCVC and SEC Involved in Litigation with Toxic Lenders

WCVC Claims Holders Defaulted

WCVC Showing Unregistered Sales of Equity Securities

WCVC Showing 10-Q Dated 8-19-2020 Legal Proceedings


WCVC - Watching Date August 19, 2024

https://www.securitieslawyer101.com/

2024 Form 10K and 10-K Deadlines Chart

https://www.securitieslawyer101.com/2024/2024-form-10k-and-10-k-deadlines-chart/



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https://www.sec.gov/cgi-bin/browse-edgar?company=+West+Coast+Ventures+Group+Corp.&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany


August 19, 2020

Form 10-Q
For the quarterly period ended
June 30, 2020

https://www.sec.gov/Archives/edgar/data/1551906/000146970920000069/0001469709-20-000069-index.htm

https://www.sec.gov/Archives/edgar/data/1551906/000146970920000069/wcvc10q_063020apg.htm

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August 14, 2020
NOTIFICATION OF LATE FILING

https://www.sec.gov/Archives/edgar/data/1551906/000146970920000060/0001469709-20-000060-index.htm

https://www.sec.gov/Archives/edgar/data/1551906/000146970920000060/wcvcnt10q_063020apg.htm

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