September 30, 2014

SEC Suspends Trading of Nine Penny Stocks

business man holding his head with text asking questions about stock broker misconduct

The Securities and Exchange Commission (SEC) announced that the trading of nine penny stocks has been suspended. This is part of an ongoing enforcement to combat microcap fraud.

The companies involved in the trading suspension announced on September 25th. were identified during an SEC analysis of heavily promoted microcap issuers.

These are the companies suspended from trading:

• All Grade Mining Inc. (HYII)
• Bluforest Inc. (BLUF)
• DHS Holding Co. (DHSM)
• Essential Innovations Technology Corp. (ESIV)
• Global Green Inc. (GOGC)
• Inova Technology Inc. (INVA)
• mLight Tech Inc. (MLGT)
• Solar Thin Films Inc. (SLTZ)
• Xumanii International Holdings Corp. (XUII)

If your stock broker/financial advisor recommended any of these penny stocks to you and you lost more than $50,000, call Soreide Law Group at (888) 760-6552 for a free consultation with an attorney on how to potentially recover your losses.

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