A defendant shall be punished by imprisonment for two years.

Punishment of the crime

1. M-related company M

A. The defendant et al. is the actual owner of the Hong Kong N (N) located in the Hong Kong N (N) and Brgin Island (O (O) located in the Brgin Island), P Co., Ltd. (hereinafter referred to as the "stock company") which is the domestic agent of the above corporations (hereinafter referred to as "the name of all the corporations"), Q Q and R, and R, and the actual owner of the securities account in the name of "T", and V works as the representative director from May 25, 2007 to March 27, 2009, and thereafter, as the actual manager who actually operates the above corporation.

B. Violation of the Securities and Exchange Act (market price manipulation and fraudulent illegal transaction) 1) public offering relation V should not be allowed to either independently or in collusion with other persons for the purpose of inducing the sale and purchase transaction at the KOSDAQ market, but to either misleads or in collusion with other persons for the purpose of inducing the sale and purchase transaction at the KOSDAQ market with the intention of inducing them to acquire money or other unjust profits by making them mistake that the sale and purchase transaction at the KOSDAQ market would lead to a broom or to change the market price.

In addition, no one shall intentionally disseminate false prices or false facts or other rumors or use a deceptive scheme in order to gain unjust profits in connection with the sale and purchase or other trading of securities, and other persons shall use documents in which false statements are made with respect to material facts or necessary facts are omitted.