Replies to post #14070 on Urban Ag Corp. (fka AQUM)

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This is all I know about it!

May 22, 2014 - From approximately April 2013 through August 2013, Defendants Billy V. Ray,. Jr., Wade Clark, and Urban AG Corp. (“Urban”) engaged in ... https://www.sec.gov/litigation/complaints/2014/comp-pr2014-105-urbanagandrayandclark.pdf

Law360, Miami (September 3, 2014, 8:46 PM EDT) -- The U.S. Securities and Exchange Commission on Tuesday won a permanent injunction barring former Urban AG Corp. CEO Billy V. Ray Jr. from acting as a public company's officer, after he allegedly paid kickbacks to hedge fund managers in exchange for the fund's purchase of Urban AG stock.
U.S. District Judge Beth Bloom entered an injunction that bars Ray from penny stock offerings and from officer or director positions in public companies, and that orders him to disgorge his ill-gotten gains from the scheme, which will be determined by the court following a motion from the SEC.

Ray, Urban AG and stock promoter Wade Clark were sued by the SEC in May, as part of the agency's effort to uncover microcap stock schemes with roots in South Florida. https://www.law360.com/competition/articles/573698/sec-wins-permanent-ban-on-ex-urban-ceo-for-microcap-plot