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Stream205

12/05/13 10:26 PM

#1106 RE: Schris #1105

AGIN: Likely a scam, imo


The CEO is under SEC scrutiny by the SEC for another company with which he was involved.

I looked into as part of my LMRMF dd.




"This matter involves the market manipulation of common stock of 2 micro-cap companies, Viosolar and FACT Corporation..... Richard Walchuk and Lisa Esposito engaged in a fradulent scheme to manipulate the market of Viosolar's and FACT's stock. Specifically Walchuk paid kickbacks to a consultant who they believed had connections to corrupt registered representatives in exchange for cash or stock"

"Walchuk et al violated, and unless restrained will continue to violate section 10(b) of the SEC act of 1934 ..."

"The commission seeks to permanently enjoin defendants from engaging in acts, practices alleged in this complaint"

"The commission seeks penny stock bars against Walchuk et al"

"The commission seeks a final judgement barring Walchuk from acting as an officer or director of any issuer that has a class of securities registered pursuant to Section 12 of the Exchange act or required to file reports pursuant to Section 15"