SEC shuts down PSC - Penny Stock Chaser

[greedy__malone]

Typical response from you I see.

Yes they do. But when one steps outsides the rules and regulations with their own disclosure requirements it does not become just a matter of openly selling their shares.

It turns into illegal scalping and if you think having your bread and butter stock promotion site shut down, your assets frozen and the SEC looking to strip you of $2.4 million plus interest and penalties on top of that as a slap on the wrist then so be it.

Oh, and the SEC is going to prohibit them from ever engaging in this activity again.

In addition to the emergency relief already granted by the U.S. District Court the Commission also seeks a preliminary injunction and permanent injunction, along with disgorgement of ill-gotten gains plus prejudgment interest and the imposition of a financial penalty, penny stock bars against the individuals and the repatriation of assets to the United States.

Completely wiping them off the penny stock map, taking away the money they raised illegally plus interest and penalty is hardly a "slap on the wrist".