Business ProfileforRESA Wearables Inc
Additional business information
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On May 18, 2021, Resa Wearables Inc and Glen D Hinshaw, CEO, entered into an Order to Cease and Desist, Order for Restitution, and Order for Administrative Penalties and Consent to Same with the Arizona Corporation Commission. The order settles allegations that the business made untrue statements or misleading omissions of material facts, and engaged in transactions, practices or courses of business that operate or would operate as a fraud or deceit. Under terms of the order, the business and Glen Hinshaw must permanently cease and desist from violating the Securities Act, shall pay restitution in the amount of $376,000, and the business shall pay an administrative penalty in the amount of $15,000. Hinshaw shall also pay an administrative penalty in the amount of $15,000.
This action is final.
At-a-glance
Related Categories
Overview
Business Details
- Location of This Business
- 139 E Navajo Dr, Prescott, AZ 86301-2030
- BBB File Opened:
- 3/11/2019
- Years in Business:
- 7
- Business Started:
- 2/23/2017
- Business Incorporated:
- 2/23/2017
- Type of Entity:
- Corporation
- Alternate Business Name
- Resa
- Business Management
- Mr. Glen D Hinshaw, President/CEO
- Contact Information
Principal
- Mr. Glen D Hinshaw, President/CEO
Customer Contact
- Mr. Glen D Hinshaw, President/CEO
- Additional Contact Information
Email Addresses
- Sales
- Technical Support
Customer Complaints
0 Customer Complaints
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