Zeons Corporation (ZEON)

[wardle3va2]

U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 20182 / July 5, 2007
SEC v. U.S. Sustainable Energy Corporation and John D. Stanton, Civil Action No. 1:07-CV-1547 (N.D. GA filed July 2, 2007)
Commission Files Subpoena Enforcement Action Against U.S. Sustainable Energy Corporation and John D. Stanton
On July 2, 2007, the Securities and Exchange Commission filed an application with the United States District Court for the Northern District of Georgia for an order to enforce investigative subpoenas served on U.S. Sustainable Energy Corporation, a privately-held Florida corporation located in Seffner, Florida ("USSE-FL"), and John D. Stanton, a resident of Tampa, Florida.

The Commission's application and supporting papers allege that on May 3, 2007, the Commission issued a Formal Order of Private Investigation entitled In the Matter of U.S. Sustainable Energy Corporation. According to the Commission's application, USSE-FL and Stanton have failed to comply with validly issued and served subpoenas for documents relating to this investigation, which involves, but is not limited to, a separate but related corporation known as U.S. Sustainable Energy Corporation, which is headquartered in Mississippi ("USSE-MS"), and others. The investigation relates to possible false and misleading statements by companies engaged in merger discussions, possible insider trading activity, and other possible securities law violations.

A hearing on the Commission's application has not yet been scheduled.



http://www.sec.gov/litigation/litreleases/2007/lr20182.htm