Thursday, December 1, 2011

"FBI Undercover Operation Leads To Charges Against 13 Individuals In Alleged Penny-Stock Caper; SEC Halts Trading In 7 Companies"

From Patrick Petty:
URGENT >> BULLETIN >> MOVING: Thirteen individuals, including lawyers, corporate officers and a stock promoter, have been charged criminally in an FBI sting aimed at microcap fraud. The SEC has suspended trading in seven companies: 1st Global Financial Inc. (FGFB) based in Las Vegas; Augrid Global Holdings Corp. (AGHD) based in Houston; ComCam International Inc. (CMCJ) based in West Chester, Pa.; MicroHoldings US Inc. (MCHU) based in Vancouver, Wash; Outfront Companies (OTFT) based in Florida; Symbollon Corp./Symbollon Pharmaceuticals Inc. (SYMBA) based in Medfield, Mass; and ZipGlobal Holdings Inc. (ZIPG) based in Hingham, Mass....MORE