Here’s your peculiar company information of the afternoon.
The US Securities and Exchange Commission mentioned on Friday that it has ceased the trading of the company named Neuromama. The organization features a market-cap of about $35 thousand with stocks valued at $56.25 a share prior to the stop.
As Bloomberg News observed, industry top of the organization might allow it to be more important written down than Tesla and Delta Airlines.
the sole situation, in line with the SEC, is, properly, just about everything regarding the corporation.
From Your SEC statement:
“The Fee briefly suspended trading while in the investments of NERO as a result of problems concerning the reliability and adequacy of data available about, among other items, the personality of the folks in control of the company’s businesses and administration, untrue promises to corporation investors and/or prospective people the corporation comes with an application imminent for record to the NASDAQ Stock-Market, and probably tricky deals while in the company’s investment.”
Therefore quick recap: individuals working the company could be impostors, the organization is laying about probably being stated around the Nasdaq, as well as the investment might have been manipulated.
Jump to the company’s companies, and points appear even weirder. Here’s a short explanation of exactly what the company promises to possess:
the organization provides practices in eight destinations from Nevada to Sydney, Australia. The organization hasn’t submitted any monetary data with all the SEC since its regular leads to Jan 2014 for your quarter closing in March 2013.
because declaration, Neuromama stated $1,081 in income available and $18.26 million in “intangible assets” as it’s only possessions. It stated no income along with a damage in the last seven weeks of $500,811.
ever since then, the company has gotten numerous alerts from the SEC and updates of its failure to document financial files.
The SEC stated that it’s halted trading of the investment until June 26.