I claimed that MDBX issued false and misleading financial statements by failing to include the issued and outstanding convertible preferred stock, as required by GAAP and all accounting principles whatsoever, whether it is a pink sheet stock, a grey sheet stock and OTC stock a NASDAQ stock or a NYSE stock.
Regarding what the SEC Division of Enforcement is going to do about this, lets just first see if the audited financials that are going to be included in the upcoming 2012 10k (that has been promised will be filed with the SEC by the first Quarter 2013) included this revision to the financial statements.
Now, if management and related parties have been selling MDBX stock into the market before the false and misleading financials are revised, then we have a whole different ballgame. A ballgame that will not be pleasant for MDBX management.
You think they filed fraudulent documents, right?
Posting it in BOLD.......over and over doesn't make it so. OTC has requirements for companies to report information to remain OTC Current. If they failed.......as you claim......to report AS REQUIRED, then it can be pointed out to OTC and they will downgrade MDBX to OTC Limited immediately.
Now if they belive MDBX was "criminal", as you have suggested, by omitting something from the balance sheet in an attempt to deceive investors, only to include the same omitted info in the same annual report, then they will not encourage you to contact the SEC, their compliance department will as well, likely resulting in charges being brought for this deceptive behavior.
Could be the biggest scandal to hit Wall Street since trading began.