Replies to post #8823 on Obocon Inc. (OBCN)

[samsamsamiam]

The problem is not that he changed his name. The problem is that he has been litigated by the SEC and is not allowed to be associated with pennystocks.

SEC litigation - Anthony Necoechea
https://www.sec.gov/litigation/litreleases/2007/lr19958.htm

https://www.sec.gov/litigation/litreleases/lr19311.htm


The Final Judgment permanently enjoins Necoechea and 20th Century Jackson Equities from violating Sections 5(a) and 5(c) of the Securities Act of 1933 and bars them from participating in penny stock offerings. In addition, the Court ordered that Necoechea and 20th Century Jackson Equities are jointly and severally liable for disgorgement plus prejudgment interest totaling $350,268.17, and a civil penalty of $120,000.


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https://www.google.com/amp/s/www.sandiegoreader.com/news/2005/aug/18/scam-wizards/%3famp&page=all
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Necoechea alone sold 22 million unregistered shares to the public through an unregistered firm he controlled, according to the agency. He is not a registered broker with the National Association of Securities Dealers. Regulatory filings indicate that a Tony Necoechea twice failed his brokerage exams in the 1990s while with Desert Mountain Securities, a penny stock brokerage that handled the stocks promoted by Melvin Lloyd Richards, a San Diego stock tout who ended up in prison. After four days trying to reach Necoechea's lawyer, I gave up.
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