Replies to post #28703 on DD Support Board and Research Team

[janice shell]

I have the impression that Monk's been telling his few remaining followers that the SEC was finished with him.

Ooops.

[1manband]

There are some very interesting items in the SEC's complaint, but I really like this one::

"23. As a compensated stock promoter, Williams had to abide by the Internet Forum’s Terms of Service, which required him to register as an Investor Relations Professional (“IRP”), pay a monthly fee to activate and to maintain an IRP subscription, and create a disclosure page providing details of his promotional work, all of which would be visible to other Internet Forum subscribers. The IRP subscription also activated an icon, visible on the subscriber’s profile in Internet Forum, indicating that the subscriber was a compensated promoter. Williams signed up for an IRP subscription on October 22, 2008, but it expired three months later on January 22, 2009, and was never renewed."

Pretty clear that Monk's failure to disclose and maintain his IRP designation on I-Hub is an important part of the SEC's case against him. All the compensated promoters on I-Hub who fail to file as an IRP and/or fail to disclose all of their paid compensation should take notice.