If it wasn’t already obvious that USI-Tech management had no intention of addressing regulatory compliance in the US and Canada, communication of renewed promotional efforts elsewhere in the world have all but confirmed it.

On December 20th the Texas Securities Board sent shock waves through the MLM cryptocurrency Ponzi scene by
issuing USI-Tech with a securities fraud cease and desist
.

USI-Tech had ten days to request an emergency hearing, which would have required them to make a showing of good faith in an attempt to have the cease and desist lifted pending a hearing on the matter.

That deadline came and went, with the wider deadline for USI-Tech to provide the Texas Securities Board with evidence proving it is not a Ponzi scheme fast approaching.

If USI-Tech don’t provide the requested evidence by January 20th, USI-Tech’s securities offering will be declared officially illegal in the state of Texas. Although not confirmed, it is believed a federal SEC investigation is likely also underway.

Since December 20th, USI-Tech management have gone into hiding. Aside from two generic messages provided to affiliates in their backoffice, USI-Tech management have failed to personally address the alleged securities violations.

Now in a schedule being distributed to USI-Tech affiliates outside the US and Canada, it appears the priority for management is to keep investment alive elsewhere in the world.

According to a schedule doing the rounds, Mike Kiefer, USI-Tech’s Global Master Distributor, will be holding a Facebook Live event on Sunday, January 14th.

US and Canadian affiliates hoping for answers are sure to be disappointed, with the message stating

Mike will NOT be discussing the USA/Canada situation on this livestream due to advise from the legal team!

Instead Kiefer will be promoting USI-Tech by explaining

what is being rolled out in 2018 with US

how to build a compliant USI business

what you CAN and can NOT say when marketing USI and

strategies for building a global network

If I may, after USI-Tech stopped paying out their largest affiliate-base (US), they probably now have quite a bit of spare cash to splash around the world.

Once that runs out though it’s inevitable that without US promotion, USI-Tech is going to crash hard.

No doubt Tech Coin will be brought up, although who’s going to invest in that now that they’ve seen how USI-Tech handles regulatory enquiries – who knows.

How to build a compliant USI business? Simple, register your securities offering with regulators in jurisdictions you operate in 
before
 illegally offering unregistered securities.

There’s nothing about “don’t say this, don’t say that” pseudo-compliance legalizing securities fraud in the Securities and Exchange Act.

And isn’t USI-Tech’s strategy for building a global network obvious?

Convince a ton of people in the US to invest, cut them off, use their money to build globally and hope for the best.

One last thing I’ll point out is that while the menti

🤖 Quick Answer

What action did the Texas Securities Board take against USI-Tech in December?
The Texas Securities Board issued a cease and desist order against USI-Tech, alleging securities fraud. USI-Tech had ten days to request an emergency hearing to demonstrate good faith compliance efforts and potentially have the order lifted pending a formal hearing on the matter.

Why did USI-Tech's failure to respond to the Texas order indicate management's strategy?
USI-Tech's non-response to the cease and desist deadline suggested management prioritized operations in other global markets over achieving regulatory compliance in the United States and Canada, effectively abandoning those jurisdictions.

What was required of USI-Tech following the Texas Securities Board's order?
USI-Tech was required to provide evidence to the Texas Securities Board proving the company was not operating as a Ponzi scheme. Failure to submit this documentation within the specified deadline would result in regulatory action

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