Posted On: 12/30/2015 7:05:13 PM
Post# of 15187
nodummy Member Level Friday, 09/19/14 11:19:27 AM
Re: integral post# 76653
Post # of 101369
Curt Kramer already started a new business through his brother, Seth Kramer, called KBM Worldwide Inc. beginning in March of 2014:
https://searchwww.sec.gov/EDGARFSClient/jsp/E...sAdv=false
Same attorneys do all the work for KBM Worldwide Inc that were taking care of Asher Enterprises.
I think Curt Kramer now falls under the “bad actor” provision of rule 506 which is causing him problems in getting some of his toxic financing like before so he is now using his brother to front for him.
From a November 2013 SEC Settlement agreement:
http://www.sec.gov/News/PressRelease/Detail/P...BxCe-fzS2w
In the settlement, Kramer and his Great Neck, N.Y.-based Mazuma firms agreed to pay disgorgement totaling $1,061,367 plus prejudgment interest of $128,611 and penalties totaling $273,000. Without admitting or denying the SEC’s findings, Kramer and Mazuma consented to the entry of an order finding that they violated Sections 5(a) and 5(c) of the Securities Act of 1933. The order requires them to cease and desist from committing violations of Sections 5(a) and 5(c) and not participate in any Rule 504 offerings. Entry of the order will constitute a disqualifying event for Kramer and the Mazuma firms under the recently enacted bad actor disqualification provisions of Rule 506.
You'll notice that KBM Worldwide made toxic financing deals with a lot of companies that had already been using Asher Enterprises previously.
It will be interesting to see how long it takes the SEC, FINRA, and retail investors to catch on to all of this.
Re: integral post# 76653
Post # of 101369
Curt Kramer already started a new business through his brother, Seth Kramer, called KBM Worldwide Inc. beginning in March of 2014:
https://searchwww.sec.gov/EDGARFSClient/jsp/E...sAdv=false
Same attorneys do all the work for KBM Worldwide Inc that were taking care of Asher Enterprises.
I think Curt Kramer now falls under the “bad actor” provision of rule 506 which is causing him problems in getting some of his toxic financing like before so he is now using his brother to front for him.
From a November 2013 SEC Settlement agreement:
http://www.sec.gov/News/PressRelease/Detail/P...BxCe-fzS2w
In the settlement, Kramer and his Great Neck, N.Y.-based Mazuma firms agreed to pay disgorgement totaling $1,061,367 plus prejudgment interest of $128,611 and penalties totaling $273,000. Without admitting or denying the SEC’s findings, Kramer and Mazuma consented to the entry of an order finding that they violated Sections 5(a) and 5(c) of the Securities Act of 1933. The order requires them to cease and desist from committing violations of Sections 5(a) and 5(c) and not participate in any Rule 504 offerings. Entry of the order will constitute a disqualifying event for Kramer and the Mazuma firms under the recently enacted bad actor disqualification provisions of Rule 506.
You'll notice that KBM Worldwide made toxic financing deals with a lot of companies that had already been using Asher Enterprises previously.
It will be interesting to see how long it takes the SEC, FINRA, and retail investors to catch on to all of this.
(0)
(0)
