User:RahalMccall69
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Revision as of 22:02, 14 August 2014 by 175.42.87.160 (Talk)
@@@ HOUSTON (August 5, 2014) The U.S. Securities and <a href=http://www.louisvuittontassenkopen.com>Louis Vuitton Tassen Kopen</a> Exchange Commission says it has determined that Houston American Energy Corp. misled investors by making fraudulent claims about its oil reserves.
The SEC announced Monday that the oil and gas copmany and its CEO, John F. Terwilliger, claimed that a Colombian exploration venture yielded between 1 billion and 4 billion barrels of oil reserves, but the <a href=http://www.louisvuittontassenkopen.com>Louis Vuitton</a> SEC says the estimates "lacked any reasonable basis." SEC officials say false claims made by the company in 2009 and 2010 allowed it to raise about $13 million in a public offering and saw its stock price increase from $5 per share <a href=http://www.louisvuittontassenkopen.com>Geodkoop Louis Vuitton</a> to $20. Houston American now trades for about 40 cents per share.