At some point in the future we'll be able to release our business structure/investment documents which will provide some transparency on the SEC issue, but at this time I haven't been able to get the full documentation yet (available for release).

I really wouldn't have much interest in starting a company that the SEC could shut down at a whim, so since day 1 we've been making sure that we do our best with what is available for compliance. It also bodes well for us that investment goes from havelock>hk investment company>US company.