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double_m

08/18/21 10:18 AM

#116217 RE: bearbear2 #116216

Filings said that not only Art was being charged, but also RBII. Sounds like they will lose (or get suspended) their business license. Not an expert, but...

wEaReLeGiOn

08/18/21 11:01 AM

#116218 RE: bearbear2 #116216

7 exclamation points notwithstanding, the company is indicted along with the CEO, so yeah, nah.

SEC Charges Company and Its CEO with Fraudulent Statements Concerning Covid-19 Products

Litigation Release No. 25172 / August 17, 2021

Securities and Exchange Commission v. Arthur Hall and Rising Biosciences, Inc., 3:21-civ-01597 (N.D. Ohio filed August 17, 2021)

They aren't selling squat since being suspended nearly a year ago, and if they did, that money will be disgorged, but Bagholders won't see a penny of it. The SEC is going the extra mile to get Arthur Hall permanently banned from being an officer of a public company, instead of the normal 5 year officer ban.

The SEC is burning this one down.

all they will do is have someone take arts place an continue selling!!!!!!!