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Texas company ordered to stop selling securities

A Texas man has been ordered to stop selling unregistered securities in Colorado. Brian Creamer and his company, Re-Cycles Motorsports, were ordered to stop selling securities by placing advertisements on the Internet under Craigslist’s Denver-area web site. In the ad, Creamer was seeking financing of $55,000 to $75,000 for his West Detroit, Texas, business. Creamer… Continue Reading Texas company ordered to stop selling securities

Texas oil company barred in Colorado

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An oil and gas company from Texas has been permanently barred from doing business in Colorado after allegedly violating the securities registration and anti-fraud provisions of the Colorado Securities Act. Sethi Oil and Gas and its founder Sameer P. Sethi agreed to stop offering or selling any security in or from Colorado or otherwise engaging… Continue Reading Texas oil company barred in Colorado

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A Texas oil and gas company has allegedly violated Colorado’s anti-fraud and registration securities law. Securities Commissioner Fred Joseph filed a complaint against Sethi Oil and Gas and two individuals, Sameer P. Sethi and Travis Burt, all from Plano,Texas. The commissioner said the company engaged in a “persistent pattern of fraudulently offering to sell unregistered… Continue Reading Commissioner files complaint against Texas oil company

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Where have all the Texans gone?

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Sales of high-end second homes not expected to rebound quickly Seasonal buyers looking for a second home will account for only 15 percent to 20 percent of the total luxury home market during 2009. That’s a stark contrast to four years ago, when The Broadmoor sold two-thirds of its $1 million to $2.5 million Brownstones… Continue Reading Where have all the Texans gone?

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