Action against Defendants, a microcap issuer, its CEO, and one of its consultants, for alleged material misstatements, sales of unregistered securities, manipulative trading, and failure to submit required filings.  According to the SEC, Defendant issuer and Defendant CEO published several press releases falsely implying that Defendant issuer was selling its product internationally and expanding and improving its facilities.  The SEC further alleges that Defendant CEO’s manipulative trading created the illusion of active trading and inflated Defendant issuer’s share price.  According to the SEC, Defendant consultant also made misstatements to potential investors and improperly acted as an unregistered broker.

SEC Litigation Release