I take it back... All assets to all companies tied to Stiles are frozen... My bad! Still holding though... I have 12.5mm shares and over IDCN's history they always bounce like a basketball, plus they were the scammee's not the scammer's so I think they'll be ok...
Mr. Stiles, who lives in Carrollton, could not be reached for comment.
His attorneys did not respond to repeated requests for comment that were first made late Wednesday.
Also failing to respond to repeated requests for comment were attorneys for three companies tied to him, which are also defendants: Sunray Oil Co., Abilene Oil and Gas LP and J&L Drilling LLC.
The defendants have until next month to respond to the allegations in court.
The SEC also alleged that Mr. Stiles misrepresented his career in the oil and gas business, the potential profitability of the partnership and the use of investor funds.
A federal judge froze the defendants' assets, according to court records.
News 
Market Data 
Discover 
AI
