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To: MorningLightMountain who wrote (15165)12/12/2011 4:27:08 PM
From: scionRead Replies (1) | Respond to of 53574
 
16. Prior to the issuance of the reports Eiten made no efforts to ensure the truthfulness and accuracy of the statements contained within them. Eiten did no independent research regarding the statements within the reports but instead simply used the information provided by and approved by third parties that had no discernible connections to the issuer.

17. The reports were written in the first person and were attributed to Eiten. Eiten affixed his signature to the final documents with no meaningful review of the report for substance.

18. OTC Special Situations Reports contain a disclaimer located at the end of the report in small print. The disclaimer states that the stock featured in the report was selected after Eiten completed “due diligence” and OTC Special Situations Reports refer to Eiten as “America’s Leading Micro-Cap Stock Picker.”

SEC Complaint
sec.gov

SEC CHARGES MASSACHUSETTS-BASED PENNY STOCK PROMOTER WITH MAKING FRAUDULENT STATEMENTS
sec.gov