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Tuesday, June 26, 2012 4:26:46 PM
5. Durinng February and March 2010, in a series of telephone calls and meetings, ROBERT COTTON agreed to pay a stock broker a kickback worth approximately $100,000.
6. The purpose of the market manipulation scheme was to give the investing public the false impression that CWRN 'S stock price was rising and there was a public market for CWRN stock.
7. On or about March 8, 2010, ROBERT COTTON matched a sell order for 500,000 shares of CW RN stock with a buy order induced by the fraudulent market manipulation scheme.
8. ROBERT COTTON prepared and caused to be prepared a positive press releases timed to coincide with the fraudulent purchases of CW RN stock. The purpose of the press releases was to give the investing public the false impression that the purchase of CW RN stock was increasing due to news about the company and to conceal the m arket manipulation scheme from the regulatory authorities.
9. In furtherance of the scheme, ROBERT COTTON used means and instrumentalities of interstate commerce, including interstate wire communication facilities and private and common carriers.
Extract -
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https://viewer.zoho.com/docs/oabcaWc
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