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The Securities and Exchange Commission (SEC) has issued a cease-and-desist order against Superbreakthrough Enterprises Corp. for illegally soliciting investments from the public. During its en banc meeting, the SEC directed Superbreakthrough, which has been doing business under the name 1UP Time, to immediately cease and desist from further engaging in…
The Securities and Exchange Commission has revoked the certificate of incorporation and registration of the company behind 1UP Time, which the corporate regulator likened to a Ponzi scheme.
The Securities and Exchange Commission has ordered AlphanetWorld Corp., doing business under the name NWorld, to stop soliciting investments from the public, saying the company has no license to do so.