Replies to post #55125 on Expo Holdings Inc. (EXPH)

[DD-214]

don't be so sure.. many OTC's have been halted lately due to erronous hype from company execs..

[ORCA]

REALLY?WELL YOU NEED TO UNDERSTAND THAT THE SEC GOES AFTER COMPANIES THAT MISLEADING INVESTORS.READ THE TWO EXAMPLES BELOW.
BOLD.

Claims Fund: Systems of Excellence and Charles O. Huttoe
Home | Previous Page Systems of Excellence and Charles O. Huttoe On November 7, 1996, the SEC obtained temporary restraining orders, asset freezes, and other emergency relief against Systems of Excellence (SOE), Charles Huttoe, SOE's Chairman and CEO, and a number of other defendants. The SEC alleged that Huttoe orchestrated a massive market manipulation in SOE stock by distributing millions of unregistered SOE shares, making false and misleading press releases to raise SOE stock price, and selling SOE shares at artificially inflated prices. The Court primarily responsible for the SOE enforcement actions appointed Thomas A. Ferrigno as Receiver to collect assets recovered in the cases resulting from this investigation



Claims Fund: Wellness Universe, et al
On February 16, 2000, the SEC filed a complaint in connection with a pump and dump scheme perpetrated by George Pappas, the CEO of both Wellness Universe Corp. and Synpan Corp. The SEC alleged that between approximately mid-December 1999 and early February 2000, Pappas caused the companies to issue a series of false or misleading press releases designed to inflate artificially the price of Wellness common stock.
Section: Enforcement | Size: 4 kb | Type: htm | Date: January 25, 2007