Replies to post #1336 on PacWest Equities Inc (PWEI)

[MadDog08]

Regardless of the best intentions of "legitimate" companies trading on the pink sheets, there are clear, basic actions companies can and should take to reinforce companies' legitimacy.

For example, ACT Clean Technologies, Inc. (ACLH) is a 47.5% owner of common shares in PWEI. But why hasn't ACLH informed its shareholders that it sold its assets to PWEI? Why hasn't ACLH shared with shareholders of any value changes in ACLH shares as a result of PWEI asset sales?

Try calling PWEI and see if there is anyone answering the phone. Shouldn't someone answer/return phone calls? It's a sad statement that the majority of investors, novice or not, should expect to loose their investments of the basis of whether they can get out before the dump. Last I read, pump and dumps are considered "investment fraud:"

http://www.sec.gov/rss/your_money/pump_and_dump.htm

A search of the SEC EDGAR System does not show any filings whatsoever for PacWest Equities, Inc. Shouldn't there be? Why is PacWest Equities, Inc. listed as "Caveat Emptor" on OTC Markets:

http://www.otcmarkets.com/stock/PWEI/quote

Two (2) years ago I invested, and subsequently lost, $50k in ACLH (47.5% owner of common shares in PWEI). We shareholders haven't heard from ACLH since 07 Feb 2011. You'd think a "legitimate company" would keep shareholders up-to-date, especially regarding asset sales, right? But no, haven't heard anything, and ACLH remains on the Grey Market since it was temporarily halted by the SEC on 25 May 2010.

Potential investors in PWEI should proceed cautiously....