the securities offering registration statement and draft prospectus ("filing"). In this regard, one of the conditions for termination of the debenture holder representative's duties which

registration statement and draft prospectus ("filing"). In this regard, one of the conditions for termination of the debenture holder representative's duties which appears in a draft agreement

offering registration statement and draft prospectus ("filing"). In this regard, one of the conditions for termination of the debenture holder representative's duties which appears in a draft

weeks and the share certificate including a referral bonus 10 percent without filing the registration statement and the draft prospectus to the SEC Office. Such aforesaid conduct of PB Smart was liable to