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TransAsia Judgment

04/30/19 3:52 PM

#10196 RE: RCAuto #10195

Bertsos was CFO of "NEWLF" and Board Member with Michail Zolotas

SEC Files Order to Show against NewLead Holdings
SEC Administrative File No. 3-18786


Seems like Zolotas is failing to respond, co-operate with the SEC

Accordingly, Respondents are ORDERED to SHOW CAUSE by March 21, 2019, why the registrations of their securities should not be revoked by default due to their failures to file an answer and to otherwise defend this proceeding. When a party defaults, the allegations in the OIP will be deemed to be true and the Commission may determine the proceeding against that party upon consideration of the record without holding a public hearing.

If Respondents fail to respond to this order to show cause, they may be deemed in default, the proceeding may be determined against them, and their securities may be revoked.


Upon review of the filings in response to this order, the Commission will either direct further proceedings by subsequent order or issue a final order resolving the matter.

https://www.sec.gov/litigation/opinions/2019/34-85268.pdf

Huggy Bear

05/02/19 5:34 PM

#10200 RE: RCAuto #10195

We may never hear from Bertsos again.