Administrative Orders

Year 2008


08-80008262-OR003
12/23/2008

KELCRO, INC.

Order providing a transactional exemption from registration for a purposed offering and sale of capital stock pursuant to Ark. Code Ann. §23-42-504(a)(12).

S-08-076-08-CO01
12/17/2008

SOUTHWESTERN UNION CONFERENCE CORPORATION OF SEVENTH-DAY ADVENTISTS

Consent order entered in connection with violations of the Arkansas Securities Act pertaining to the selling of securities without the filing of a proof of exemption or paying the required filing fees.

S-08-049-08-FO01
12/5/2008

CREATIVE CHICKEN CORPORATION AND

OWEN LAUGHLIN

Order affirming cease and desist order.

C-07-015-08-CO01
11/6/2008

BOARDWALK MORTGAGE GROUP, LLC, (FORMERLY KNOW AS BENTON MORTGAGE GROUP, LLC), LICENSE NO. 28263;  SAMUEL AARON MITCHELL, LICENSE NO. 31382;

KEVIN RYAN ABERNATHY, LICENSE NO. 29408

Consent order revoking the mortgage broker license of Boardwalk Mortgage Group, LLC., and accepting the surrender of the loan officer licenses of Samuel Aaron Mitchell and Kevin Ryan Abernathy.

S-08-064-08-CO01
10/8/2008

WALLSTREETE INVESTMENT ADVISORS

Consent order entered in connection with violations of the Arkansas Securities Act pertaining to providing investment advisory services prior to being registered.

C-08-070-08-OR01
10/2/2008

DARTMOUTH CAPITAL, LLC D/B/A SAFEDINAR.COM

Order to show cause and notice of hearing on civil penalty under allegations that Dartmouth Capital, LLC has violated Ark. Code Ann. § 23-55-401 of the Arkansas Uniform Money Services Act. 

C-08-068-08-OR01
10/1/2008

FAIR MORTGAGE LENDING ACT REGISTRATION ON NATIONWIDE MORTGAGE LICENSING SYSTEM

Order prescribing registration modifications for November 1, 2008 transition to the NMLS, a nationwide automated licensing system.

S-08-46-08-CO01
9/29/2008

GREAT NATION INVESTMENT CORPORATION AND MARTIN A. NORTHERN

 

Consent order entered in connection with violations of the Arkansas Securities Act pertaining to sales of securities in excess of amounts allowed under exemptions, advertising, and failure to supervise.

08-80007977-OR002
8/26/2008

MYSTIC CREEK DEVELOPMENT COMPANY LIMITED PARTNERSHIP

Order waiving certain conditions under Ark. Code Ann. §  23-42-504(A)(9).

S-07-040-08-CD01
7/28/2008

GLOBAL PARTNERS CAPITAL, ASIA PACIFIC ENERGY, INC., HAU WAI CHEUNG a/k/a JOHN CHUNG, SINGH GAHUNIA a/k/a SHAWN MILLER, TRAVIS ARMSTRONG, PETER BECKFORD, AND DIANE FRANCES

Cease and desist order pertaining to the offer or sale of unregistered securities.

S-08-006-08-CD01
7/28/2008

CHAR-RAN COMPANY, LLC, RANDOLPH MARTIN, Sr., and CHAROLETT MARTIN

Cease and desist order pertaining to the offer or sale of unregistered securities.

S-08-049-08-CD01
7/28/2008

CREATIVE CHICKEN CORPORATION AND OWEN LAUGHLIN

Cease and desist order pertaining to the offer or sale of unregistered securities and from advertising the sale of unregistered securities.

S-08-053-08-CD01
7/1/2008

TIMOTHY ALONZA LILLY, d/b/a/ COVENANT SENIOR ADVISORS, LLC

Cease and desist order alleging that Timothy Lilly d/b/a as Covenant Senior Advisors, LLC and other staff have violated the provisions of the Act under Ark. Code Ann. § 23-42-101 to 501.

S-08-044-08-CO01
6/4/2008

MORGAN STANLEY & CO., INC.

Consent order entered in connection with violations of Ark. Code Ann. § 23-42-501 in connection with the sales of unregistered securities and §§ 23-42-301(e) and 23-42-308(a)(2)(J) for violating the supervision requirements.

S-08-043-08-CD01
5/23/2008

TIMOTHY ALONZA LILLY, DAVID LARRY PUCKETT, JOE A. RICHARDS and FIRST FIDELITY FINANCIAL GROUP OF MAUMELLE, LLC

Cease and desist order based on evidence that Lilly, Puckett, Richards and staff associated with them have violated provisions of the Arkansas Securities Act under Ark. Code Ann. §§ 23-42-100 through 23-42-509.

S-07-028-08-CO02
5/13/2008

TERRY MITCHELL, d/b/a ADVANTAGE FINANCIAL SERVICES

An amended and substituted consent order pursuant to the Arkansas Securities Act, codified at Ark. Code Ann. § 23-42-101 regarding full settlement of claims that could be brought against Mitchell.

C-07-045-08-FO-01
5/6/2008

AMERIFUND FINANCIAL, INC., d/b/a ALLFUND MORTGAGE, LICENSE NO. 11449 
 

Revocation order for the temporary suspension of a license of Amerifund Financial as a mortgage banker and mortgage broker. 

C-08-012-08-FO01
5/1/2008

GUARDIAN FINANCIAL MORTGAGE CORP., LICENSE NO. 40432, AND; WESLEY S. SNODGRASS, LOAN OFFICER LICENSE NO. 15741
 

Revocation order and cease and desist order based on Snodgrass' submission of applications for licenses to the Department containing false statements. 

C-08-023-FO01
4/17/2008

DEOCAP CORPORATION   LICENSE NO. 35903

Order for the revocation of a mortgage broker license for cancelation of a surety bond.

C-08-013-CO01
3/27/2008

GIROSOL OF KENTUCKY, CORP.
 

Consent order entered into by Girosol of Kentucky Corporation regarding the admission of jurisdiction under the Act pursuant to Ark. Code Ann. § 23-55-101.

C-08-10-08-CO01
3/24/2008

JOM CORP. D/B/A MAS MAJAPARA SERVICES

Consent order pursuant to Ark. Code Ann. Section 23-55-101 in lieu of a hearing and full settlement of all claims that could be brought against JOM Corp by the staff.

S-07-028-08-CO01
3/20/2008

TERRY MITCHELL, d/b/a ADVANTAGE FINANCIAL SERVICES

Consent order codified at Ark. Code Ann. § 23-42-101 in full settlement of all the claims that could be brought against Mitchell by the staff.

S-07-044-08-CO01
3/19/2008

WiFiMED HOLDINGS COMPANY, INC.

Consent order by WiFiMed pursuant to Ark. Code Ann. § 23-42-101 for full settlement of all claims that could be brought against WiFiMed by the staff.

S-08-007-08-CD01
3/10/2008

NORMAN HATCHETT, d/b/a LUCA FUND

Cease and desist order based on evidence that Hatchett d/b/a Luca Fund and others have violated provisions of the Act codified Ark. Code Ann. § 23-42-101.

C-08-023-08-SO01
2/25/2008

DEOCAP CORPORATION      
LICENSE NO. 35903

 

Order summarily suspending license of Deocap Corp. alleging that the company failed to maintain a surety bond as required by Fair Mortgage Lending Act, Ark. Code Ann. § 23-39-501.

C-08-010-08-01
2/20/2008

JOM CORP D/B/A MAS MAJAPARA SERVICES
 

Order to show cause and notice of hearing on civil penalty under allegations that JOM Corp has violated Ark. Code Ann. § 23-55-201 of the Arkansas Uniform Money Services Act.

08-013-OR01
2/12/2008

GIROSOL OF KENTUCKY, CORP.

Order to show cause under allegations that Girosol has violated Ark. Code Ann § 23-55-101 of the Arkansas Uniform Money Services Act.

C-07-045-07-SO01
2/7/2008

AMERIFUND FINANCIAL, INC., d/b/a ALLFUND MORTGAGE, LICENSE NO. 11449

Order summarily suspending the license due to allegations that Amerifund Financial, Inc. d/b/a Allfund Mortgage failed to maintain a surety bond as required by the Fair Mortgage Lending Act, Ark. Code Ann. § 23-39-501.

C-08-012-08-S001
2/4/2008

GUARDIAN FINANCIAL MORTGAGE CORP., LICENSE NO. 40432, AND; WESLEY S. SNODGRASS, LOAN OFFICER LICENSE NO. 15741
 

Order suspending licenses based on allegations that Wesley Snodgrass submitted false and misleading material information to the commissioner in connection with an application for a mortgage broker license.

S-08-002-08-CD01
1/2/2008

DENNIS VINCIGUERRA, D-VAL, LLC AND

D-VAL CONSTRUCTION & REAL ESTATE INVESTMENTS
 

Cease and desist order based on information received by the department that indicates that Dennis Vinciguerra, D-VAL, LLC, and D-VAL Construction & Real Estate Investments have violated provisions of the Arkansas Securities Act, Ark. Code Ann. § 23-42-101.


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