Re: [IPVO] [Multiple Exchanges] Neo & Bee

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It involves trading illegal unregistered securities on an unregistered exchange.
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As opposed to Havelock, an esteemed Panamanian shell co trading unregistered securities...

Panama is not under SEC jurisdiction and havelock isn't a pyramid scheme

http://www.sec.gov/about/offices/oia/oia_cooparrangements.shtml