The SEC needs to utilize more stop order on these obviously fraudulent S-1's.
I couldn't agree with you more. It should be standard procedure for the Corp Fin reviewers, when dealing with a new S-1, to check other S-1s written by, or opined on by, the same attorney. They might stop a lot of scams in the making.
Did you read the SEC filings attempting to compel Tracy to comply with a number of subpoenas served on him? Fourteen S-1s are involved. Well, I think one is a 1-A. And in addition to that activity, Tracy is bringing custodianship actions against a rather large number of dormant Nevada public shell companies.
There are TWO SEC investigations targeting him. Which I suppose doesn't say much for coordination among regional offices.
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