Replies to post #12626 on Quanta Inc (fka QNTA)

[BlazingStocks]

Well, we got some kinda answer... Let's see what happens next. $QNTA not doing so well as expected due to the unknowns. Patience will be required.

[Dragon Lady]

LMAO BS,

[{“QNTA's Position:
We contend that we have not committed any wrongdoing or the violations referred to in the Notice. We cannot predict whether the Commission will follow the recommendations of the staff and file suit against us. If any enforcement proceeding is instituted by the Commission, we will defend the action.”}]

1) The SEC has VERY LIMITED RESOURCES - they pick their targets like a precision laser guided bomb strike :)

2) By the time the SEC issues a formal WELL NOTICE they are 100% "going to litigate" or said "investigation" would have been DOA a loooong time ago !!

3) I'd HIGHLY suggest reading ALL SECTIONS OF THE SECURITIES ACT of both 1933 and 1934 that QNTA-a-SCAM is accused of violating, as it's a hell of a long and "rich" list of accusations.
(we have violated Section 17(a) of the Securities Act of 1933, Sections 10(b), 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the Securities Exchange Act of 1934 and Rules 10b-5, 12b-20, 13a-1, 13a-11, 13a-13, and 13a-15 thereunder. )

THAT is a SERIOUS AS HELL wash-list of VERY serious violations - a real POS scam they ran here !! 17(a) alone covers pretty much all forms of FRAUD and it goes down hill from there with the other civil code law breaking !!

4) QNTA-a-CON finished last Qtr with $7K TOTAL CASH left in their bank against MASSIVE "CURRENT" DEBTS and BILLS and LIABILITIES OWED NOW - like past tense DEFAULT NOW !! They are BK already on-paper - it's not even debatable and they are sandbagging hiding their DILUTION NUMBERS as is their SOP for serial grifter OTC cons and frauds !

5) USUALLY (like better than 70% of the time) when the SEC aka CIVIL FEDERAL AGENCY files a WELLS NOTICE they've been working in-concert with "other" FED agencies and thus CRIMINAL CHARGES are usually rapidly brought following the civil "formal notice of intent to sue" aka THE DOJ aka THE UNITED STATES OF AMERICA will be the plaintiff and their law enforcement arms are the FBI, USPS for things like interstate commerce violations, IRS, FTC for ad fraud which is named in the complaint, etc.

THIS SCAM IS SCREWED AND DONE - they're now on BK life support and MASSIVE DILUTION will ensue and likely a CAVEAT EMPTOR MONIKER leading to EXPERT MARKET TRASH which will become more ill-liquid than dried concrete on a hot summer day in Los Angeles or the Dominican hide-out of the Mooooch :)

Their market cap is already SUB $1 MILLION THIS AM but they are sandbagging MASSIVE hidden dilution, but it's going to drop a hell of a lot further than that - with this taint stuck on them and WAIT till criminal DOJ charges get filed - it's gonna up in smoke like a tactical nuke hit it at ground zero LOL !!

[shoondale]

wtf kind of response is this? No attempt to get out of the charges? Is this your idea of minor, easily explainable, and willl be resolved soon? Terms of endearment for the dear CEO who cares about his shareholders:Cokneem peranid eshoo coorag!! Gongud cokneem varnotz!!