Zeons Corporation (ZEON)

[Pescadero]

The core thrust of a Fraud inquiry is not to determine whether or not the process works. The process does produce a product with some value. The core issue is focuses around making misleading or false claims (press releases) while engaged in selling securities, especially securities that they owened (alice)

When one goes back and reviews the press releases and the statements that were made regarding the technology, estimates of production dates etc, one can easily assume this will be a cakewalk for the sec to get a conviction. If you also consider what was not disclosed, such as the unanouced resignations of key members of the board of directors, former CEO's and others, the case becomes even easier to win for the SEC.

What we don't know is how stock may have been sold by alice or to raise money to keep the scheme going. We do know that the shares outstanding has ballooned over the past few months. After the investigation, everyone will know a lot more. Every person is presumed innocent until proven guilty, but the SEC is a completely different animal than a civil court when it comes to proving SECURITIES fraud. When they investigate, the generally get a conviction.

There are thousands of pink sheet companies out there and it should be considered serious when JG has made the top 600 list to be investigated. Quite frankly, I am surprized that it has taken this long.

So relax, get a bucket of KFC and set back and see what comes to the surface. My guess is that it is not going to be pretty.