w0wSEC🔥charges🎅🏿&👽w/ArtificiallyDeflatingSharePrices, allowing them to obtain more shares at a cheaper price."
6, 12, 2023 — SEC charged investment adviser Sabby Management LLC & managing partner,Hal D. Mintz,w/ fraud in connection w/ a long running scheme involving misrepresentations & violations of rules for short selling & order making, + other violative trading, that generated $2M + in illegal profits.
From atleast 03/ 2017-05/ 2019 Sabby|Mintz repeatedly circumvented trading rules to conduct unlawful trades in the stock of 10 PUBLIC COMPANIES. Sabby |Mintz engaged in illegal “naked short selling” by intentionally|improperly placing short sales when they knew or were reckless in not knowing that they had not borrowed or located the shares, & then failed to make timely delivery of the shares. The purpose was to earn profits they could not have gained by legal trading. https://www.sec.gov/news/press-release/2023-107
At this time, the Company has no specific evidence of any kind of a particular broker, bank, institution, or individual, including Mr. Curt Kramer, Mr. Seth Kramer, Power Up Lending Group, or Geneva Roth Remark Holdings undertaking such activity, but will continue to take action to combat any illegal trading or naked shorting in its stock whenever it occurs.
At this time, the Company has no specific evidence of any kind of a particular broker, bank, institution, or individual, including Mr. Curt Kramer, Mr. Seth Kramer, Power Up Lending Group, or Geneva Roth Remark Holdings undertaking such activity, but will continue to take action to combat any illegal trading or naked shorting in its stock whenever it occurs.