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SEC Suspends Trading On 61 Microcap Companies "Ripe For Fraud"

In a press release dated June 3, 2013, the Securities & Exchange Commission suspended trading in 61 shell companies that are lying dormant on the over-the-counter market and which it deems are ripe for fraud.

Since microcap companies are very thinly traded they have great potential for abuse by fraudsters who highjack them and use them for "pump and dump" schemes and other fraudulent activities. Here are the 61 companies named in the SEC press release, followed by their trading symbol:

1. 3CI Complete Compliance Corp.

TCCC

2. AHPC Holdings, Inc.

GLOV

3. American Utilicraft Corp.

AMUC

4. Austin Farms Inc.

AUFR

5. BancPro, Inc.

BCPO

6. Baxley Federal Savings Bank

BAXF

7. CBR Brewing Co.,

Inc.

CBRAF

8. Centerpoint Bank (Bedford, NH)

CPOB

9. China Renyuan International, Inc.

CRNY

10. Compass Plastics & Technologies, Inc.

CPTI

11. Devonshire Consolidated, Inc.

DVNO

12. Edge Business Services Corp.

EGBS

13. Egghead.com, Inc.

EGHDQ

14. Environmental Corp. of America

ECAM

15. Environmental Fiber Technologies, Inc.

EVFB

16. Extreme Motorsports of California, Inc.

EMOC

17. Fidelity First Financial Corp.

FFIRD

18. Fortune Market Media, Inc.

FTMK

19. Franklin Ophthalmic Instruments Co.,

Inc.

FKLN

20. Futurebiotics, Inc.

VITK

21. Geneva Financial Corp.

GNVN

22. Globalnet Systems Ltd.

ISDN

23. Icy Splash Food & Beverage, Inc.

IFBV

24. Imaging Center Inc. (The)

TIGC

25. InAmerica, Inc.

INAX

26. IndieMV Media Group, Inc.
IDMV

27. Integrated Bio Energy Resources, Inc.

IBIE

28. Interactive Brand Development, Inc.

IBDI

29. ISI Technology Corp.

ISYI

30. Isomet Corp.

IOMT

31. Matinee Media Corp.

MNEM

32. MediaBay, Inc.

MBAY

33. Metricom, Inc.

MCOMQ

34. Midnight Holdings Group, Inc.

MHGI

35. Municipal Insurance Co. of America

MPAL

36. Myriad Entertainment & Resorts, Inc.

MYRA

37.Oxford Capital Corp.

OXFO

38. PanAmerican BanCorp

PABN

39. Pennsylvania Warehousing & Safe Deposit Co.

PAWH

40. Pipejoin Technologies, Inc.

PPJN

41. Pogo! Products, Ltd.

PGOI

42. PopMail.com, Inc.

POPM

43. Premium Energy Corp.

PPTL

44. Relax Investments, Ltd.

RLXI

45. Riptide Worldwide, Inc.

RTWW

46. Rocket City Enterprises, Inc.

RCTY

47. Rocketinfo, Inc.

RKTI

48. Ronco Corp.

RNCP

49. Silver Star Energy, Inc.

SVSE

50. Sound Health Solutions, Inc.

SHSO

51. Sovereign Exploration Associates International, Inc.

SVXA

52. Sports Concepts, Inc.

SCPT

53. Sports Media, Inc.

SPTS

54. TMT Capital Corp.

TMTP

55. UniMark Group, Inc. (The)

UNMG

56. Verdant Brands, Inc.

VERD

57. Viking Power Services, Inc.

VKPW

58. Vinings Investment Properties Trust

VIPPS

59. Washington Life Insurance Co. of America

WLIA

60. Wi-Tron, Inc.

WTRO

61.

Zone Mining Ltd.

ZMNL

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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.