Replies to post #64842 on In Ovations Holdings Inc. (INOH)

[ka ching]

What a POS scam Stock Fraudulent scam POS STOCK I wouldn't but this POS with free money Buyers BEWARE!!!!!!!

[Frayed Knot]

SEC VS. IN OVATIONS and MARK GOLDBERG

Thanks for reminding any potential innocent investor about how really really bad this POS aka INOH is.

Putting the link in my post as well, it can't be shown too many times!

https://www.sec.gov/litigation/complaints/2018/comp24260.pdf

and I will just put this part up... thanks for putting the whole thing on the board!

SUMMARY

1. From at least 2014 through 2015 (the “Relevant Period”), Defendants Ovations and Goldberg—a microcap issuer of publicly-traded stock and its chief executive officer, respectively— issued materially false press releases to fraudulently induce investors to buy Ovations stock.

VIOLATIONS

2. By virtue of the conduct alleged in this Complaint, Defendants engaged in acts, practices, and courses of business that constitute violations of Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”) [15 U.S.C. § 78j(b)] and Rule 10b-5(b) promulgated thereunder [17 C.F.R. § 240.10b-5(b)].
3. Unless Defendants are permanently restrained and enjoined, they will again engage in the acts, practices, transactions, and courses of business set forth in this Complaint, and in acts, practices, transactions, and courses of business of a similar type and object.