Like you, I've registered complaints and have never received any response, except to be told that IF there is an investigation, they can't comment on it's existence or give any details. Which basically means, they might or might NOT do anything. if they do or DON'T, they can't tell you, either way.
I don't agree that the SEC should be more involved in educating the public about scams. I think there needs to be more inforcement, so it isn't POSSIBLE for the scams to exist as publicly traded companies. People assume that if the stock can be bought in the market, someone must be holding them accountable for public statements, which simply isn't the case. The way I see it, a BS little pinkie, claiming to be "acquiring" a multi-million dollar company should raise a red flag immediately. Before they are even allowed to make such a statement, publicly, they should be required to provide the SEC with documents showing proof of the acquisition process AND BOTH companies financials, including HOW such an acquisition can be possible or even likely.
Would it be so difficult to just have a few guys from the SEC reading PR's each day and contacting the "companies" that put them out, when something seems fishy? That alone would be a deterrent. At least they would know someone is watching. A simple phone call to the CEO. "Mr. Schmoe, this is Mr. X from the SEC. I read your PR today, regarding your current acquisition plans. I don't see how a company with ZERO revenue could acquire a $500M revenue per year company. How is that possible? Please realize that this phone call is being recorded and there may be an investigation." Pretty simple, huh?
________________________If I can't take it with me, I'm not going!
AI
