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wall_street61

04/20/12 12:28 PM

#50 RE: Corvette1 #48

They probably want to look at everything, since it's a formal investigation.

Another law firm issuing PR today.

"On Thursday, April 19, 2012, Houston American announced that it was the target of a formal investigation by the SEC. According to Houston American, the aim of the formal investigation is to determine whether Houston American and/or its officers and directors have violated the securities laws."

Nothing good likely to come from that investigation.