America West Resources, Inc.(fka AWSRQ)

[zomniac]

AWSR News
Separately, the Financial Industry Regulatory Authority, the brokerage industry’s self-regulatory body, has been looking at the brokerage firm’s dealings in a small Salt Lake City coal company that hired JTF in 2011 to help raise capital, said a source.

In 2012, Belesis sought to take “operational control” of the coal company, America West Resources, after its shares fell 90 percent, to 20 cents.

The attempted takeover fell apart amid an ugly legal battle with the banker Belesis hired to work on the deal.

Both Finra and the SEC have been in talks with JTF about their respective probes, sources said.

JTF declined to comment on the Finra or SEC talks. No charges have been brought.

A spokeswoman for Finra declined to comment, as did the SEC.
http://www.nypost.com/p/news/business/cameo_calamity_LhJthdmD5SGLgDzTEFRc5J