There is a reason the SEC puts out warnings like that. they expect people with common sense to heed those warnings. and if a shareholder fails to heed their warnings - well that's the shareholders problem.
FACT is that is a very specific warning about ICO scams.
Do you think the SEC is actually tracking every single stock at every moment? Especially one that has not filed anything yet about this so called deal? why would they call them at this point? they have filed nothing other than Park Doo Ho is CEO.
Appears Park Doo Ho is talking about a merger with details on a blog yet nothing has been filed or any press release has gone out yet on any of this. Yet he is selectively putting out this news on his blog? Someone might want to give him a heads up on the Fair Disclosure regulations. As no where has he officially alerted publicly that blog would be used for disclosing material events.