Sunday, August 18, 2024 6:47:34 AM
WCVC 3-Year SEC Action Suggests End is Near
WCVC Toxic Lenders are Responding to SEC Investigations
______________________________________________________________________
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
______________________________________________________________
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
_______________________________________________________
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/
______________________________________________________
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
____________________________________________________________________
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
____________________________________________________________________
____________________________________________________________________
Live! and Embedded Charts
_____________________________________________________________________
Live! and Embedded Charts
_____________________________________________________________________
WCVC Toxic Lenders are Responding to SEC Investigations
______________________________________________________________________
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
______________________________________________________________
The Basile Law Firm P.C. - Recent Court Wins
https://www.thebasilelawfirm.com/post/the-basile-law-firm-p-c-recent-court-wins
______________________________________________________________
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
_______________________________________________________
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/
______________________________________________________
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
____________________________________________________________________
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
____________________________________________________________________
____________________________________________________________________
Live! and Embedded Charts
_____________________________________________________________________
Live! and Embedded Charts
_____________________________________________________________________
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