Streetbeat News

LGBI

Cannabiz Mobile Inc

Open

0.00

Mkt cap

Volume

791K

High

0.00

P/E Ratio

N/A

52-wk high

0.00

Low

0.00

Div yield

N/A

52-wk low

0.00

The SEC has taken action against fraudulent activities involving SHE Beverage Company, a cryptocurrency Ponzi scheme, and Cannabiz Mobile. SHE Beverage Company was ordered to pay over $12 million for a scam share scheme. The SEC is also investigating a crypto Ponzi scheme involving NovaTech, with subpoenas issued to Dapilinu Dunbar and Corrie Sampson. Additionally, a judgment was entered against Anthony Jay Pignatello for a share scam related to Cannabiz Mobile (OTC:LGBI), resulting in a payment of $43,337.

Portfolio Pulse from Neil Dennis

February 16, 2024 | 9:28 pm

The legal saga involving Cannabiz Mobile (OTC:LGBI) and its former consultant Anthony Jay Pignatello has concluded with a final judgment. Pignatello was involved in a securities fraud scheme, including a pump-and-dump operation with Christopher Esposito, leading to misleading investors. The judgment prohibits Pignatello from holding certain positions and requires him to pay $43,337, which is considered settled by a parallel criminal case's forfeiture order.

Portfolio Pulse from Jelena Martinovic

February 15, 2024 | 4:26 pm

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