Investor alert: Asian Acquisition Oversight Committee

Finansinspektionen (the Swedish Financial Supervisory Authority) has today published this statement in order to warn investors against dealing with unauthorised firms.

Asian Acquisition Oversight Committee has not received authorisation from Finansinspektionen and therefore is not entitled to provide financial services in Sweden. Finansinspektionen has not received any notification of cross-border activities from other EEA countries.

Reportedly, representatives from Asian Acquisition Oversight Committee contact investors through unsolicited telephone calls and offer to buy their holdings of shares in American OTC-companies. Investors must first pay a fee in advance ("security deposit") to secure the deal. This appears to be an advance fee fraud scheme.

Asian Acquisition Oversight Committee has a website (www.aaoc.jp) using the following contact information:

5F Shinjuku Mitsuba Building
1-5-11 Shinjuku Nishi, Shinjuku-ku
Tokyo, 160-0023 Japan
Tel: +81 3 4578 0402
Fax:+81 3 4333 0394
E-mail: