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locksflooring

08/03/13 8:27 PM

#68380 RE: diannedawn #68365

SO THEY WOULD ACTUALLY HAVE TO RECEIVE COMPENSATION TO TOUTE STOCK TO BE CONSIDERED HELD LIABLE! JUST MAKING SURE I UNDERSTAND THE RULES! IS THAT HOW THIS WORKS!

The SEC alleges that Gasich and Scott H. Wilding, who is the subject of a prior SEC cease-and-desist order, and several stock touters then conducted two promotional campaigns to generate investor interest in Zenergy. These touters failed to disclose the compensation they received for promoting Zenergy. The touting was accompanied by misleading press releases and financial disclosures that were reviewed and approved by Gasich and Robert J. Luiten, who was Zenergy’s CEO. Diane D. Dalmy, who acted as counsel for the reverse merger, issued opinion letters that improperly concluded that her and others’ shares were unrestricted and freely tradable. As Zenergy’s stock price increased in conjunction with the promotional activity and other misconduct, Gasich and others sold their shares into the public market for illicit profits.

BWAHAHAHAHAHA!

locksflooring

08/07/13 4:20 PM

#68385 RE: diannedawn #68365

SO THEY WOULD ACTUALLY HAVE TO RECEIVE COMPENSATION TO TOUTE STOCK TO BE CONSIDERED HELD LIABLE! JUST MAKING SURE I UNDERSTAND THE RULES! IS THAT HOW THIS WORKS!
Quote:
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The SEC alleges that Gasich and Scott H. Wilding, who is the subject of a prior SEC cease-and-desist order, and several stock touters then conducted two promotional campaigns to generate investor interest in Zenergy. These touters failed to disclose the compensation they received for promoting Zenergy. The touting was accompanied by misleading press releases and financial disclosures that were reviewed and approved by Gasich and Robert J. Luiten, who was Zenergy’s CEO. Diane D. Dalmy, who acted as counsel for the reverse merger, issued opinion letters that improperly concluded that her and others’ shares were unrestricted and freely tradable. As Zenergy’s stock price increased in conjunction with the promotional activity and other misconduct, Gasich and others sold their shares into the public market for illicit profits.
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BWAHAHAHAHAHA!