This morning the SEC suspended trading in MarilynJean Interactive (MJMI), which had recently been promoted by websites connected to the former Awesomepennystocks.com. The reason for the suspension was:
The Commission temporarily suspended trading in the securities of MJMI because of recent, unusual and unexplained market activity in the company’s stock taking place during a suspicious promotional campaign. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
SEC trading suspension (PDF)
SEC trading suspension order (PDF)
MJMI should resume trading at the open on September 12th. It was promoted by Mysoaringpennystocks.com and Risingpennystocks.net. See more info on the company at Promotion Stock Secrets.
2 thoughts on “Trading in promoted stock MarilynJean Interactive $MJMI suspended by SEC”
That’s a rip off, the sec don’t let anyone make money,