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Willis-Stafford Named in Cease and Desist Order by S. Carolina Securities Commissioner

Willis-Stafford Named in Cease and Desist Order by S. Carolina Securities Commissioner

Willis-Stafford Named in Cease and Desist Order by S. Carolina Securities Commissioner 150 150 Rex Securities Law

July 14, 2015-Columbia, South Carolina

The Securities Commissioner of South Carolina entered a Cease and Desist Order against Prospect, Kentucky-based  Willis-Stafford Corporation in connection with a proposed offering of stock for the construction and operation of a film sound stage in Williamsburg County, South Carolina.

The S. Carolina Securities Commissioner found that the Willis-Stafford website (www.Willis-Stafford.com ) which solicited investors and  listed an address in Salters, South Carolina, constitutes an offer of securities under the South Carolina securities act. Many of the representations about the proposed operation contain false or misleading statements according to the Order.

Order to Cease and Desist

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