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Re: prettynpink post# 7497

Tuesday, 03/06/2007 12:41:20 PM

Tuesday, March 06, 2007 12:41:20 PM

Post# of 8601
Response from the SEC. I hope they can jail this guys.

Dear Mr. xxxxx:

Thank you for your email and for taking the time to alert us to your further concerns regarding EAGM.PK. We welcome your comments because they help us to regulate and enforce the laws that assure fair and orderly securities markets.

Please be assured that we will carefully consider your additional comments regarding EAGM.PK. Also, we have referred your complaint to the appropriate office within the SEC for further consideration. But at this point, our office can do nothing further to help you. For example, we cannot provide you with updates on the status of your complaint. Nor can we tell you whether or not the SEC will-or has already begun to-look into the issues raised in your email. This is because the SEC conducts all of its investigations on a confidential basis. We know this policy can be frustrating, but it protects the integrity of our investigative process and preserves the privacy of the individuals and entities involved. Our policy is described in further detail below.

Once again, thank you for your email. Investor complaints alert the SEC to securities fraud and abuse and are often the first indicators of wrongdoing. I hope this information proves helpful to you.

Sincerely,

David Powers
U.S. Securities & Exchange Commission
oiea@sec.gov

***********************************************

Information About SEC Investigations

Each year, thousands of investors ask the Securities and Exchange Commission to investigate the activities of other investors, financial professionals, corporations, brokerage firms, investment companies, stock exchanges, and others. These complaints generally suggest some impropriety or misconduct and sometimes make a plea to the SEC for direct assistance in resolving a grievance.

The SEC has the authority to investigate whether violations of the federal securities laws have occurred, and we make every effort to evaluate promptly and thoroughly the information provided by investors. But we cannot investigate every investor complaint. While many investor complaints do lead to full investigations and, if appropriate, to enforcement actions, we cannot guarantee that our review will lead to further investigation or that the SEC will take any legal action.

We also cannot provide you with updates on the status of your complaint or your request for an investigation. The SEC conducts investigations confidentially for two main reasons. First, we can conduct investigations more effectively if they are not announced publicly. For instance, important documents and evidence can be destroyed quickly if people hear of an investigation. Second, we keep our investigations confidential to protect the reputations of companies and individuals if we find no wrongdoing or decide we cannot bring a successful action against them. As a rule, the SEC will not confirm or deny the existence of an investigation unless, and until, it becomes a matter of public record as the result of a court action or administrative proceeding.

When there is proof that someone has violated the securities laws, the sanctions may include financial penalties, orders to surrender profits, cease and desist orders, or an injunction by a court to prevent further violations. The SEC may also bar individuals from working for a securities firm, investment adviser, or investment company. We can also ask a federal court to bar individuals from being officers and directors of publicly held companies. In some situations, we may refer a case to the Department of Justice for possible criminal prosecution.

The SEC publishes news releases about its lawsuits and administrative actions, and the news media often report on them. You can read and download the SEC's news releases on our website at <http://www.sec.gov/enforce.htm>. Or you can obtain hard copies by contacting us at:

Office of Public Reference
450 5th Street, NW
Washington, DC 20549-0102
Phone: (202) 942-8090
Fax: (202) 628-9001
E-mail: publicinfo@sec.gov
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