This excerpt was taken from Beth Phillips Charges against Owen Hawkins.
Count One: Securities Fraud
According to an affidavit filed in support of the criminal complaint, Hawkins began selling shares of unregistered stock to investors in 2008. At the time, the affidavit says, Petro America had no oil, no realistic prospects for obtaining, transporting or storing large amounts of oil, no significant assets, no revenue and no other employees. The government is aware of no evidence that Petro America has seriously pursued any opportunities to acquire oil fields or conducted oil trading operations. Nevertheless, the affidavit says, Hawkins and others have touted excellent prospects for Petro’s rapid growth in the oil industry.
SEE BELOW PETRO"S SEC REPORT
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Form REGDEX - Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933]
SEC Accession No. 9999999997-08-042621
Filing Date
2008-10-10
Accepted
2008-10-15 14:58:30
Documents
1
Filing Date Changed
2008-10-15
Effectiveness Date
2008-10-10
Items
Item 04: Rule 504(b)(1) (not (i), (ii) or (iii))
Document Format Files
Seq
Description
Document
Type
Size
1
AUTO-GENERATED PAPER DOCUMENT
9999999997-08-042621.paper
REGDEX
293
Complete submission text file
9999999997-08-042621.txt
1726
Mailing Address 2300 MAIN STREET TWO PERSHING SQUARE, SUITE 900 KANSAS CITY MO 64108
Business Address 2300 MAIN STREET TWO PERSHING SQUARE, SUITE 900 KANSAS CITY MO 64108 816-448-3723
PETRO AMERICA CORP (Filer) CIK: 0001447994 (see all company filings)
IRS No.: 000000000 | State of Incorp.: KS
Type: REGDEX | Act: 34 | File No.: 021-123464 | Film No.: 08062560
AI
