West Coast Ventures Group Corp (fka WCVC)

[trader53]

WCVC Defendant Shall Pay $2.5M Disgorgement


It would be nice if WCVC
got some of the distribution, wouldn't it ?



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The conversion rights were cancelled in 2023

The WCVC convertible note was issued in 2019

The judgment includes an Order to Disgorge
over $2M in net profits, fines and interest,
into a holding fund.

The Commission shall hold the funds,
together with any interest and income earned thereon
(collectively, the “Fund”),
pending further order of the Court.

The Commission may propose a plan to distribute the Fund
subject to the Court’s approval

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UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF FLORIDA
Case No. 1:23cv22233-GAYLES-TORRES

U.S. SECURITIES AND EXCHANGE
COMMISSION,

Plaintiff,
v.
BHP CAPITAL NY, INC. and
BRYAN PANTOFEL,
Defendants.

b) Within thirty (30) days after entry of Final Judgment,
Defendant shall surrender its conversion rights
under all remaining convertible notes
associated with the issuers
identified in Appendix B.

APPENDIX B
Notes To Which Defendant Shall Surrender Conversion Rights


{abbreviated table}
Symbol/Issuer Name / Date of Note(s)
WCVC / West Coast Ventures Group Corp./ 6/27/19

https://www.securitieslawyer101.com/wp-content/uploads/2023/09/BHP.pdf

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