Alireza Shekarchian, are securities subject to qualification under the California Corporate Securities Law of 1968 and are being or have been offered or sold without being qualified in violation of Corporations Code section 25110. Pursuant to Corporations Code section 25532, Ali Shekarchian, a.k.a. Alireza Shekarchian, is hereby ordered to desist and refrain from the further offer or sale in the State of California of securities, including but not limited to investment contracts, unless and until qualification has been made under the law or unless exempt. Further, the Commissioner of Business Oversight is of the opinion that the securities offered and sold by Ali Shekarchian, a.k.a. Alireza Shekarchian, were offered or sold in this state by means of written or oral communications which included an untrue statement of a material fact or omitted to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, in violation of section 25401 of the Corporate Securities Law of 1968. Pursuant to section 25532 of the Corporate Securities Law of 1968, Ali Shekarchian, a.k.a. Alireza Shekarchian, is hereby ordered to desist and refrain from offering or selling any security in the State of California, including but not limited to investment contracts, by means of any written or oral communication which includes an untrue statement of material fact or omits to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading. This Order is necessary, in the public interest, for the protection of investors and consistent with the purposes, policies, and provisions of the Corporate Securities Law of 1968. Dated: January 23, 2014 Sacramento, California JAN LYNN OWEN Commissioner of Business Oversight By________________________________ MARY ANN SMITH Deputy Commissioner Enforcement Division
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