Replies to post #2410 on WebXU, Inc.(fka WBXU)

[Det_Robert_Thorne]

We kind-of know. Reporting and illegal acts.

The order from the SEC talks about suspending WBXU "... because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, the company’s finances."

The SEC probably acted because WBXU's prior auditor, LL Bradford quit after WBXU filed an unaudited 10-K, which is not allowed, and probably illegal.

See the following post for more:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102926307

[Honest_Devan]

we do know why they were halted. It was for filing unaudited financials.

Form 8-K for WEBXU, INC.

5-Jun-2014

Regulation FD Disclosure


Item 7.01 Regulation FD.
On April 11, 2014, Webxu, Inc. (the "Company") entered into an agreement with Hartley Moore Accountancy Corporation to conduct a full audit of Webxu's financials in accordance with the standards of the Public Company Accounting Oversight Board (PCAOB) (United States). This audit is intended to reflect the Company's financials since its last official filing in 2011. The filings that are being audited are the Annual Reports on Form 10-K for the years ended December 31, 2011, 2012 and 2013.