In the Matter of Respondents: Electric Mail Co., Inc. (n/k/a Lero Gold Corp.), Electronic Publishing Technology Corp., Elkhorn Gold Mining Corp., Ememberdirect, Inc., Emerald Homes, Ltd., Encore Wireless, Inc., and Entreport Corp. ORDER MAKING FINDINGS AND REVOKING REGISTRATION OF SECURITIES PURSUANT TO SECTION 12(j) OF THE SECURITIES EXCHANGE ACT OF 1934 AS TO ELECTRIC MAIL […]
ADMINISTRATIVE PROCEEDING: I. The Securities and Exchange Commission (the “Commission”) deems it appropriate and in the public interest that public administrative and cease-and-desist proceedings be, and hereby are, instituted pursuant to Sections 203(e), 203(f), and 203(k) of the Investment Advisers Act of 1940 (the “Advisers Act”) against Sands Brothers Asset Management LLC (“SBAM”), Steven Sands […]
INITIAL DECISION AS TO RESPONDENT VOICEIQ, INC. (N/K/A YOHO RESOURCES, INC.) OCTOBER 22, 2010 IN THE MATTER OF: VIKONICS, INC., VISION TEN, INC., VIZACOM, INC., VOICEFLASH NETWORKS, INC. (d/b/a THE DATAFLASH CORP.), VOICEIQ, INC. (n/k/a YOHO RESOURCES, INC.), VOYUS, LTD., and VSI HOLDINGS, INC. APPEARANCES: David S. Frye, Paul W. Kisslinger, and Neil J. Welch, […]
Penny stock falls despite campaign Cascadia Investments, a Tacoma-based penny-stock company, has been championed for a year by a website that claims it can organize traders to “lock up” all available shares in a company and cause its price to go through the roof. Instead, this past week the stock went through the floor. Cascadia […]
U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 21702 / October 21, 2010 Securities and Exchange Commission v. Online-Registries, Inc. and David G. Stern, as Defendants, and Michele Ritter, as Relief Defendant, Civil Action No. 10-CV-00433-S (D.R.I. filed October 19, 2010) SEC OBTAINS TEMPORARY RESTRAINING ORDER AND ASSET FREEZE IN CONNECTION WITH RHODE ISLAND-BASED OFFERING […]
SEC Charges Office Depot and Company Executives With Improper Disclosures to Analysts FOR IMMEDIATE RELEASE 2010-202 Washington, D.C., Oct. 21, 2010 — The Securities and Exchange Commission today announced enforcement actions against Office Depot, Inc. and two executives for violating or causing violations of fair disclosure regulations when selectively conveying to analysts and institutional investors […]
U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 21704 / October 21, 2010 Securities and Exchange Commission v. Jose O. Vianna, Jr. and Creswell Equities, Inc., Case No. 10 Civ. 1842 (GBD) (S.D.N.Y.) FORMER BROKER AND HIS CUSTOMER SETTLE CHARGES ARISING FROM SCHEME TO DEFRAUD INSTITUTIONAL CUSTOMER The Securities and Exchange Commission today announced that […]
Federal Information & News Dispatch, Inc. “Federal Documents “ The Commission has declared final the initial decision of an administrative law judge barring Aaron Tsai from associating with any broker or dealer. The initial decision found that Tsai had been permanently enjoined on April 4, 2005 , against violating the registration provisions, Section 5 of […]
DecisionPoint Enters into Reverse Merger Agreement With Copernic Benzinga “Benzinga “ DecisionPoint Systems, Inc. (DNPI) today announced a merger agreement with Comamtech, the successor company of Copernic, Inc. (NASDAQ: CNIC). Copernic has entered various agreements to divest all of its operating businesses, resulting in $3.5 million cash and installment payments due of $5.4 million , […]
U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 21700 / October 19, 2010 Securities and Exchange Commission v. East Delta Resources Corp., Victor Sun, David Amsel and Mayer Amsel, Civil No. CV10-0310 (E.D.N.Y.) SEC SETTLES FRAUD AND RELATED CHARGES AGAINST EAST DELTA RESOURCES CORP. AND ITS FORMER CEO, VICTOR SUN IN MARKET MANIPULATION CASE The […]
