Action against Defendants, a consulting company and its owner, for an alleged unregistered offering and alleged fraud. According to the SEC, Defendant owner negotiated the purchase of purported convertible notes fraudulently issued by Defendant company and then profited by selling securities through an unregistered transaction. Defendants have agreed to pay, jointly and severally, disgorgement of $233,336.90. Defendant owner has agreed to pay a civil penalty of $7,500. Defendant company has agreed to pay a civil penalty of $40,000.