At long last, Amerossi EC, Inc. (Pink Sheets: ARSS) is feeling the regulatory heat.
In October 2006, StockPatrol.com published an extensive report on Amerossi EC and its clone, Amerossi International Group, Inc. (Pink Sheets: AMSN). See Amerossi EC, Inc. and Amerossi International Group, Inc. - Separated Before Birth. The two putative exploration companies share a genetic heritage and a history of failure. They also occupy offices in close proximity to one another – so close, in fact, that they share a fax line.
The companies offer little appeal – operations seem to be dormant and, as of
Now the SEC has suspended trading in Amerossi EC, citing questions about the adequacy and accuracy of public information concerning the Company's assets, business operations, current financial condition, and/or financing arrangements involving the issuance of the Company's' shares.
The suspension, which began on
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