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SEC Suspends Trading in 61 MicroCap Companies “Ripe for Fraud”

SEC Suspends Trading in 61 MicroCap Companies “Ripe for Fraud”

SEC Suspends Trading in 61 MicroCap Companies “Ripe for Fraud” 150 150 Rex Securities Law

In a press release dated June 3, 2013, the Securities & Exchange Commission suspended trading in 61 shell companies that are lying dormant on the over-the-counter market and which it deems are ripe for fraud.

Since microcap companies are very thinly traded they have great potential for abuse by fraudsters who highjack them and use them for “pump and dump” schemes and other fraudulent activities. Here are the 61 companies named in the SEC press release, followed by their trading symbol:

1. 3CI Complete Compliance Corp.
TCCC
2. AHPC Holdings, Inc.
GLOV
3. American Utilicraft Corp.
AMUC
4. Austin Farms Inc.
AUFR
5. BancPro, Inc.
BCPO
6. Baxley Federal Savings Bank
BAXF
7. CBR Brewing Co.,
Inc.
CBRAF
8. Centerpoint Bank (Bedford, NH)
CPOB
9. China Renyuan International, Inc.
CRNY
10. Compass Plastics & Technologies, Inc.
CPTI
11. Devonshire Consolidated, Inc.
DVNO
12. Edge Business Services Corp.
EGBS
13. Egghead.com, Inc.
EGHDQ
14. Environmental Corp.
of America
ECAM
15. Environmental Fiber Technologies, Inc.
EVFB
16. Extreme Motorsports of California, Inc.
EMOC
17. Fidelity First Financial Corp.
FFIRD
18. Fortune Market Media, Inc.
FTMK
19. Franklin Ophthalmic Instruments Co.,
Inc.
FKLN
20. Futurebiotics, Inc.
VITK
21. Geneva Financial Corp.
GNVN
22. Globalnet Systems Ltd.
ISDN
23. Icy Splash Food & Beverage, Inc.
IFBV
24. Imaging Center Inc. (The)
TIGC
25. InAmerica, Inc.
INAX
26. IndieMV Media Group, Inc.
IDMV
27. Integrated Bio Energy Resources, Inc.
IBIE
28. Interactive Brand Development, Inc.
IBDI
29. ISI Technology Corp.
ISYI
30. Isomet Corp.
IOMT
31. Matinee Media Corp.
MNEM
32. MediaBay, Inc.
MBAY
33. Metricom, Inc.
MCOMQ
34. Midnight Holdings Group, Inc.
MHGI
35. Municipal Insurance Co. of America
MPAL
36. Myriad Entertainment & Resorts, Inc.
MYRA
37.Oxford Capital Corp.
OXFO
38. PanAmerican BanCorp
PABN
39. Pennsylvania Warehousing & Safe Deposit Co.
PAWH
40. Pipejoin Technologies, Inc.
PPJN
41. Pogo! Products, Ltd.
PGOI
42. PopMail.com, Inc.
POPM
43. Premium Energy Corp.
PPTL
44. Relax Investments, Ltd.
RLXI
45. Riptide Worldwide, Inc.
RTWW
46. Rocket City Enterprises, Inc.
RCTY
47. Rocketinfo, Inc.
RKTI
48. Ronco Corp.
RNCP
49. Silver Star Energy, Inc.
SVSE

50. Sound Health Solutions, Inc.
SHSO

51. Sovereign Exploration Associates International, Inc.
SVXA

52. Sports Concepts, Inc.
SCPT

53. Sports Media, Inc.
SPTS

54. TMT Capital Corp.
TMTP

55. UniMark Group, Inc. (The)
UNMG

56. Verdant Brands, Inc.
VERD

57. Viking Power Services, Inc.
VKPW

58. Vinings Investment Properties Trust
VIPPS

59. Washington Life Insurance Co. of Amer
60. Wi-Tron, Inc.
WTRO
61.
Zone Mining Ltd.
ZMNL

Rex Securities Law , located in Boca Raton, FL, provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

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