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EarnestDD

04/19/11 10:03 PM

#35704 RE: gail #35700

Anthony K. Welch is under SEC investigation.

I believe that the SEC will broaden its investigation to include ALL of Welch's Scammy Pinksheet companies.

Same False and Misleading PR's. Same Manipulative Trading here on PMDP.
jmo
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Captain Black Bob Blanco

04/20/11 2:30 AM

#35712 RE: gail #35700

Thanks for posting that info Gail. Much appreciated.
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tattoo1

04/20/11 10:50 PM

#35724 RE: gail #35700

Thanks gail. But there was never any proof of an investigation. A subpoena is a request for info. I worked in the court system.
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redd106

04/23/11 2:11 PM

#35757 RE: gail #35700

Moderator: Im not sure why this is a Stickie note?

WE all understand that at this time PMDP and some of the other stocks are NOT under investigation. But does not change the fact that Welch is under investigation for running ficticious companies and creating false and misleading PR's. Doesnt change the fact that Welch skipped town and failed to show up to the court with the required documentation to clear his name! (FACTS: NOT MY OPINION)

Question, if a Doctor was under investigation for Malpractice at Company A, would you go to see him at Company B?

Even after the Doctor failed to show up in court to provide evidence that he was a good doctor? I know I wouldn't.
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northwoods

04/23/11 3:20 PM

#35765 RE: gail #35700

My response from the SEC ...

INFORMATION ABOUT SEC INVESTIGATIONS

Each year, thousands of investors ask the Securities and Exchange Commission to investigate the activities of other investors, financial professionals, corporations, brokerage firms, investment companies, stock exchanges, and others. These complaints generally suggest some impropriety or misconduct and sometimes make a plea to the SEC for direct assistance in resolving a grievance.

The SEC has the authority to investigate whether violations of the federal securities laws have occurred, and we make every effort to evaluate promptly and thoroughly the information provided by investors. But we cannot investigate every investor complaint. While many investor complaints do lead to full investigations and, if appropriate, to enforcement actions, we cannot guarantee that our review will lead to further investigation or that the SEC will take any legal action.

We also cannot provide you with updates on the status of your complaint or your request for an investigation. The SEC conducts investigations confidentially for two main reasons. First, we can conduct investigations more effectively if they are not announced publicly. For instance, important documents and evidence can be destroyed quickly if people hear of an investigation. Second, we keep our investigations confidential to protect the reputations of companies and individuals if we find no wrongdoing or decide we cannot bring a successful action against them. The SEC will not confirm or deny the existence of an investigation unless, and until, it becomes a matter of public record as the result of a court action or administrative proceeding.

When there is proof that someone has violated the securities laws, the sanctions may include financial penalties, orders to surrender profits, cease and desist orders, or an injunction by a court to prevent further violations. The SEC may also bar individuals from working for a securities firm, investment adviser, or investment company. We can also ask a federal court to bar individuals from being officers and directors of publicly held companies. In some situations, we may refer a case to the Department of Justice for possible criminal prosecution.

The SEC publishes news releases about its lawsuits and administrative actions, and the news media often report on them. You can read and download the SEC's ""Enforcement Actions"" on our website at www.sec.gov/divisions/enforce/enforceactions.shtml. Or you can obtain hard copies by contacting us at:

Office of Public Reference
100 F Street, N.E.
Washington, DC 20549-0102
Phone: (202) 551-8090
Fax: (202) 777-1027
E-mail: publicinfo@sec.gov
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Recovering Stock Junkie

04/24/11 2:36 PM

#35789 RE: gail #35700

So how did this all get started?