Nexus Energy Services Inc (IBGR)

[cheyenne1]

Your right. Hard to comprehend how SEC addresses many of these issues after the fact. You would think there would be way stricter rules and regulations in place BEFORE a company enters pinks, especially through shell companies that are notorious for scams.

Too late to help investors after the fact, but just severely toughen the entrance laws into pink trading and you will cut out a lot of scams. IMO

Along with your post ,look at this link and it proves how little the SEC monitors these shells.
This is the same shell owner of PHAR with another one of his broke pure scam companies that has sucked the like out of investors, so now this is #30 for DM and this gang of crooks. Look at the same repititious set up as was used in BMGI to prepare for PHAR merger . 1/2500 split horrendous share structure, and you see PHAR legal team giving the OK for this to proceed knowing that its all a pack of lies. Look at legal counsel on filing.

http://www.otcmarkets.com/financialReportViewer?symbol=SWRS&id=71437

Until a mass of complaints is done in an organized manner, it will remain this way.

Notice the dates on this current spinoff transaction involving the same players in phar merger. Started at same time fiscal year end for PHAR
Would love to hear your thoughts on link, GLTU