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by Mike Caswell

Jammin' Java Corp., the purported coffee company that includes one of the sons of Bob Marley, denies that it did anything wrong in an alleged $78-million pump-and-dump scheme from 2011. (All figures are in U.S. dollars.) The company acknowledges that it went to a $6.35 high in May of that year, but denies any connection to on-line tout sheets. The company also says that a Kelowna man accused of aiding the scheme, Shane Whittle, has not had any relationship with Jammin' Java since 2012.

The company is responding to civil fraud charges that the U.S. Securities and Exchange Commission filed against it, Mr. Whittle and a group of promoters. The regulator claimed that the group boosted the stock with false news releases and fraudulent on-line reports. At the same time, offshore entities sold a massive number of shares, worth $78-million in total, according to the SEC.

For its part, Jammin' Java simply denies that it did anything wrong. In a response filed on Jan. 19, 2016, the company admits to many routine things, such as the fact that it operates under the name Marley Coffee and that it owns a licence to use trademarks of the late singer Bob Marley (whose proper name was Robert Nesta Marley). The company says little about the specifics of any pump-and-dump, simply saying it is "without knowledge or information" sufficient to form any beliefs in connection with the scheme. As such, it denies any role.

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