Replies to post #80460 on Sun Pacific Holding Corp (SNPW)

[Mountdallas]

Hey can you make another price prediction for us? Please? The last one didn’t pan out so we are willing to give you a second chance.

[drugmanrx]

See any complaints or charges brought against any of the 224 companies or their CEOs listed that sold the convertible debt?

I don't!

The SEC’s complaint charges Auctus Management, Sollami, and Posner with violating Sections 15(a)(1) and 20(b) of the Securities Exchange Act of 1934. The SEC seeks permanent injunctions, disgorgement of ill-gotten gains plus prejudgment interest, civil penalties, and penny stock bars, and other equitable relief. The complaint also names as a relief defendant Auctus Fund, and seeks disgorgement from Auctus Fund of ill-gotten gains from Auctus Management, Sollami, and Posner’s violations.

So it was completely legal and SEC complaint what all those 224 companies and their CEOs did, it just what Sollami, and Posner did with those shares violating Sections 15(a)(1) and 20(b) of the Securities Exchange Act of 1934 that was the crime.

What a FRAUD!

ROFLMAO!

[1jk1]

If the SEC wins a favorable Ruling from this in the courts.Huge $ amount could be paid back to $SNPW/issuer.

https://www.corporatecomplianceinsights.com/sec-toxic-lenders/ (below)

These actions have resulted in substantial civil fines, disgorgement procedures, suspensions as penny stock dealers and cancellations of the underlying convertible notes. Inspired by these SEC actions, issuers have begun to proactively commence lawsuits to rescind these transactions. In response, courts have issued equitable orders returning the illicitly issued shares to the issuer or, alternatively, ruling that the issuer is to receive the dollar value of such shares.

$SNPW # 151 (scroll down)

https://www.securitieslawyer101.com/2023/sec-charges-auctus-fund-management-llc-and-its-co-owners-louis-posner-and-alfred-sollami-with-acting-as-unregistered-securities-dealers/