September 14, 2005
Wow, The SEC sees some wild ones, but this one is good....
They must have wondered if someone was pulling their leg, but this IPO takes the cake. We wonder what goes on in people's heads.
Excerpt below:
"U.S. SEC Aims to Halt $3.6 Bln Offering by Apollo (Update4)
Sept. 13 (Bloomberg) -- The U.S. Securities and Exchange Commission is seeking to halt a $3.6 billion initial public offering by a Canadian publisher that claims ``Al Greenspan'' as an auditor and seeks to unite the world using one language, one currency and one postage stamp.
Apollo Publication Corp. said in its IPO filing that former U.S. Presidents George H.W. Bush and Jimmy Carter serve as directors, the SEC said in a statement today. Apollo falsely claimed that Canadian Imperial Bank of Commerce, the country's fourth-largest bank, was leading the stock sale along with eight other banks, the SEC said.
``When God created the Universe, her children have lived on the planets and stars like Earth all over the Universe,'' Apollo said in its company overview filed with the SEC. " For the complete article, click here.
If your company needs help with Sarbanes-Oxley, see www.issuescentral.com and learn more about Compliance Playbook(tm).
Excerpt below:
"U.S. SEC Aims to Halt $3.6 Bln Offering by Apollo (Update4)
Sept. 13 (Bloomberg) -- The U.S. Securities and Exchange Commission is seeking to halt a $3.6 billion initial public offering by a Canadian publisher that claims ``Al Greenspan'' as an auditor and seeks to unite the world using one language, one currency and one postage stamp.
Apollo Publication Corp. said in its IPO filing that former U.S. Presidents George H.W. Bush and Jimmy Carter serve as directors, the SEC said in a statement today. Apollo falsely claimed that Canadian Imperial Bank of Commerce, the country's fourth-largest bank, was leading the stock sale along with eight other banks, the SEC said.
``When God created the Universe, her children have lived on the planets and stars like Earth all over the Universe,'' Apollo said in its company overview filed with the SEC. " For the complete article, click here.
If your company needs help with Sarbanes-Oxley, see www.issuescentral.com and learn more about Compliance Playbook(tm).
