I know of an investigation because as I stated here, I filed a complaint and received a call regarding my complaint filed. based on the questions asked it was clear to me that something was already taking place.
The law is clear that the SEC can not go out and simply provide details or information specific to an investigation but that does not preclude the SEC from talking to the public. They have to follow up on leads somehow right?
The issue is not to call every penny stock a fraud but to look at some vs. others and decide whether it is worthy of more efforts. This one had the smell of fraud that required special attention so I took it. My track record has been extremely successful because I limit my exposure. and by limiting my exposure I can focus on greater DD, provide a more detailed and experienced complaint to the SEC, and have the agency take my reports more seriously than some who simply rant on without supportive documentation.
As for the salt in the would comments - I believe that some here deserve all that they will receive based on the treatment imposed upon me. while the personal attacks and threats were being launched - and accepted by all - I stuck to basically reporting the truth. the fact that you accuse me of insider information only re-affirms the contempt even in light of continued accuracy.
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