Diane Dalmy Announces She Was the Victim of Form S-1 Identity Theft

Diane D. Dalmy, a securities attorney, announced today that she is the victim of identity theft in connection with the unauthorized use of her name on 20 Form S-1 registration statements filed with the Securities and Exchange Commission.  The 20 issuers in question  were charged by the Securities and Exchange  Commission with filing misleading S-1 registration statements for twenty  mining companies. Last week, the SEC filed administrative stop order proceedings. Today, Ms. Dalmy has stated that the filings were made without her knowledge and the use of her name was unauthorized.

SEC Suspends Amogear, Inc.

On February 10, 2014, the Securities and Exchange Commission (“Commission”) announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”), of trading in the securities of Amogear Inc. (“Amogear”), of Boston, Massachusetts, at 8:30 a.m. EST on February 10, 2014, and terminating at 11:59 p.m.EST on February 24, 2014.

The SEC suspended trading in the securities of Amogear because it has recently been the subject of spam e-mails touting the company’s shares and because of potentially manipulative conduct in the trading of the company’s shares.

Zombie Tickers 101

The Securities and Exchange Commission (“SEC”) has continued its trend of instituting administrative proceedings to revoke the registrations of hundreds of dormant issuers. The issuers are being suspended pursuant to the Securities Exchange Act of 1934, after being delinquent in the filing of their periodic financial reports required by the Commission.

The SEC has been proactive in preventing corporate hijackings of dormant shell companies for reverse merger transactions and has suspended hundreds of issuers.  We expect to see many enforcement actions arising from corporate hijackings of dorman shells in the near future.

Former Sheriff’s Deputy Sentenced in Ponzi Scheme Fraud

David N. Hawkins, a former sheriff’s deputy was sentenced to thirty months in federal prison for his role in a Ponzi scheme that raised more than $1.2 million from victims many of which were law enforcement personnel.  Hawkins will also serve three years of supervised release upon completion of the sentence.  Hawkins pleaded last year to one count of wire fraud and one count of money laundering.

SEC Suspends Trading of Centor Energy, Inc.

On February 11, 2014, the Securities and Exchange Commission (the “SEC”) announced the temporary suspension of trading in the securities of Centor Energy, Inc. (“Centor”), of Winter Park, Florida, commencing at 9:30 a.m. EDT on February 11, 2014, and terminating at 11:59 p.m. EST on February 25, 2014.  The SEC temporarily suspended trading in the securities of Centor because of questions regarding the accuracy and adequacy of assertions by Centor, and by others, to investors in press releases and promotional material concerning, among other things, the Company’s assets, operations operations, and financial prospects. The SEC’s order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”).

Bangers, Bashers & Regulation SHO

When a manipulated stock’s price declines, it has become common practice for penny stock issuers and their disciples to scream foul play and claim their company is the victim of a stock basher-naked short seller conspiracy, working with nefarious clearing firms to send their stock price to the triple-zero graveyard.  These same issuers also complain vociferously about the purported “agenda” of the United States Securities and Exchange Commission (“SEC”) andDepository Trust Company (“DTC”) to wipe out penny stocks altogether by turning a blind eye to illegal short sale activities.

It has become common practice for issuers and some Stock Bangers, also known as stock promoters or touts, to point to the Threshold Security List–the “Reg SHO List”–as evidence of illegal short sale activity that supposedly explains their declining stock prices.

SEC Target Held In Contempt and Arrested

http://www.securitieslawyer101.com/coronati/