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Justsayit

04/30/20 3:42 PM

#194556 RE: WebSlinger #194549

I agree..part of the suspension had to do with no financials.

MikeCr

04/30/20 3:45 PM

#194558 RE: WebSlinger #194549

You well know that the suspension is just the beginning, and the investigation is still in progress until the SEC completes its administrative proceeding. The company will also have its say in the proceedings. The SEC could take, or not, take further action.

lucky, mydog

04/30/20 3:50 PM

#194565 RE: WebSlinger #194549

but there could be more. the sec has 5 years from the date of the suspension to sue and bring continuing enforcement action. just like they did with recently suspended covid scam pxyn.

https://www.sec.gov/news/press-release/2020-97

https://www.sec.gov/litigation/complaints/2020/comp-pr2020-97.pdf