Replies to post #132654 on DD Support Board and Research Team

[KelliBlue]

CHIT

[DaReal]

PDXP and VICT joined the suspension List today too

https://www.sec.gov/news/press-release/2018-20

[nodummy]

CHIT/PDXP/VICT suspension - Thanks for sharing. That was great to see.

https://www.sec.gov/litigation/suspensions/2018/34-82726.pdf

https://www.sec.gov/litigation/suspensions/2018/34-82724-o.pdf

The SEC’s trading suspension orders state that recent press releases issued by CHIT, PDXP and VICT claimed that the companies acquired AAA-rated assets from a subsidiary of a private equity investor in cryptocurrency and blockchain technology, among other things. According to the SEC order regarding CHIT, it also announced the execution of a financing commitment to launch an initial coin offering.

The SEC’s orders also say there are questions regarding the nature of the companies’ business operations and the value of their assets, including in press releases issued beginning in early January 2018.

Additionally, the Commission suspended trading in the securities of CHIT because of its delinquency in filing annual and quarterly reports. In August 2017, the SEC warned investors to be on alert for companies that may publicly announce ICO or coin/token related events to affect the price of the company’s common stock.

As you know I posted a lot about the bogus PDXP/VICT/CHIT/NVC Fund deal and those tickers' debt/dilution issues.

Hopefully this also leads to an SEC investigation into Samuel Oshana/Northbridge Financial Inc and their many many 3(a)10 transactions since Oshana had deals in place with all three suspended tickers at the time of the bogus NVC Fund press releases.

And maybe we will eventually see a suspension in trading for some of these dirty tickers doing ICO events like IFXY and especially DRWN which has a massive 3(a)10 deal in place involving insider debt coinciding with their ICO and has banned penny stock swindler Robert Gandy helping run the show.

[janice shell]

So now it's official: CHIT has lived up to its ticker.