Friday, February 22, 2013 2:02:11 PM
I want to see how long Raymond T Brown II can keep this scam going before people realize that EGOC will never be up-listed, and that audited accounts will never be published.
And I also want to see if and when SEC suspend this sorry scam.
With EGOC's real principals - Jean François Amyot and Ian Morrice - currently being sued by the SEC for their leadership of the Spencer Pharma racket - careful use of the word "racket", there, BTW - the SEC and AMF are now privy to some interesting data about EGOC too, through the Discovery process and the other investigations that SEC are undertaking.
"SEC Charges Company based in Massachusetts and Canada and Other Parties in Stock Pump-and-Dump Scheme Involving Fictitious Buyout Offer
The Securities and Exchange Commission filed an enforcement action on December 17, 2012, in federal court in Boston charging Spencer Pharmaceutical Inc., its officers, and several other parties for their roles in a “pump-and-dump” scheme involving Spencer’s stock. The Commission’s complaint alleges that Jean-François Amyot, a Canadian resident who controlled Spencer, orchestrated the scheme and worked with Maximilien Arella and Ian Morrice, Spencer’s officers and directors, as well as IAB Media Inc. and Hilbroy Advisory Inc., two other companies controlled by Amyot, to create and disseminate false press releases, including press releases about a fictitious buyout offer for Spencer, and to otherwise promote Spencer’s stock. The Commission alleges that the promotional campaign pumped up the price of Spencer’s stock, and Amyot benefited by dumping his own Spencer stock at artificially inflated prices."
http://www.sec.gov/litigation/litreleases/2012/lr22574.htm
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67730476
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