Fraud = Material Misrepresentation. If you have reason to believe the the company made fraudulent statements (i.e claiming to have contracts where none exist, etc.) that are an effort to hype their operations in order to line their own pocket, then you have something worthy of an SEC inquiry.
You might download & complete the forms on the SEC web site and then send copies to Mr. Molen (before sending them to the SEC) so he understand you are serious about wanting some answers.
If enough people complain to the SEC we may help prevent future investors from being bilked....
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