Nebraska Department of Banking and Finance

Kearney-Based Company Ordered to Stop Soliciting Investors

Kearney-Based Company Ordered to Stop Soliciting Investors

Wednesday, November 14, 2007

The Nebraska Department of Banking and Finance, in carrying out its regulatory authority under the Securities Act of Nebraska, has issued a Cease and Desist Order against Country Depot, Inc., 3810 Avenue A. Suite G, Kearney, Neb., and to Dennis Pace, its President, its officers and employees. Country Depot sells shares of stock and solicits investors for proposed retail stores specializing in tractor and farming supplies. The company allegedly planned to operate multiple stores, with the first store to be located in Kearney. The company solicited potential investors in Nebraska and other states.

View the news release
Read the Administrative Order