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Saturday, May 31, 2008 7:56:29 PM
http://www.sec.gov/litigation/litreleases/2007/lr20230.htm
The final judgment against Martin permanently enjoins him from violating Section 5 of the Securities Act and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder. For violating Section 5 of the Securities Act, it holds him jointly and severally liable with Platforms and Draper for amounts described above. For violating Section 10(b) of the Exchange Act of 1934 and Rule 10b-5 thereunder, the final judgment also holds him individually liable for $701,236 in disgorgement plus prejudgment interest of $296,968, for total disgorgement and prejudgment interest of $3,304,417. Finally, the final judgment imposes a penalty of $50,000 for Martin's Section 5 violations and $40,000 for his Section 10(b) violations, and imposes eight-year officer and director and penny stock bars against him.
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