UNITED STATES OF AMERICA

UNITED STATES OF AMERICA

Before the

SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934

Release No. 94107 / January 31, 2022

ADMINISTRATIVE PROCEEDING

File No. 3-20537

In the Matter of

GTV Media Group, Inc., Saraca

Media Group, Inc. and Voice of

Guo Media, Inc.,

Respondents.

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NOTICE OF PROPOSED PLAN OF

DISTRIBUTION AND

OPPORTUNITY FOR COMMENT

Notice is hereby given, pursuant to Rule 1103 of the United States Securities and Exchange

Commission’s (“Commission”) Rules on Fair Fund and Disgorgement Plans (“Commission’s

Rules”), 17 C.F.R. § 201.1103, that the Division of Enforcement has submitted to the Commission a

proposed plan of distribution (the “Proposed Plan”) for the distribution of monies paid in the abovecaptioned matter.

On September 13, 2021, the Commission issued an Order Instituting Cease-and-Desist

Proceedings Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing a

Cease-and-Desist Order (the “Order”)1 against GTV Media Group, Inc. (“GTV”), Saraca Media

Group, Inc. (“Saraca”) and Voice of Guo Media, Inc. (“VOG”) (collectively, the “Respondents”). In

the Order, the Commission found that from approximately April 2020 through June 2020 (the

“Relevant Period”), the Respondents violated the registration provisions of the federal securities

laws by soliciting thousands of individuals to invest in an offering of GTV common stock. The

Commission also found that, during the same period, GTV and Saraca solicited individuals to invest

in their offering of a digital asset security that was referred to as either G-Coins or G-Dollars (the

“Digital Asset”). According to the Order, as a result of these two unregistered securities offerings,

whose proceeds were commingled, Respondents collectively raised approximately $487 million

from over 5,000 investors through July 2020.

The Commission ordered the Respondents to collectively pay $486,745,063.00 in

disgorgement, $17,688,365.00 in prejudgment interest, and civil money penalties of $35,000,000.00,

for a total of $539,433,428.00 to the Commission. The Commission also created a Fair Fund,

pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002, so the penalties paid, along with the

disgorgement and interest paid, can be distributed to harmed investors (the “Fair Fund”).

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Securities Act Rel. No. 10979 (Sept. 13, 2021)

The Fair Fund includes the $455,497,588.37 paid by the Respondents, and any additional

funds paid, pursuant to the Order, will be added to the Fair Fund. The assets of the Fair Fund are

subject to the continuing jurisdiction and control of the Commission. The Fair Fund and has been

deposited in an interest-bearing account at the U.S. Department of the Treasury’s Bureau of the

Fiscal Service, and any interest accrued will be added to the Fair Fund.

OPPORTUNITY FOR COMMENT

Pursuant to this Notice, all interested persons are advised that they may obtain a copy of the

Plan from the Commission’s public website at http://www.sec.gov/litigation/fairfundlist.htm.

Interested persons may also obtain a written copy of the Proposed Plan by submitting a written

request to Noel Gittens, United States Securities and Exchange Commission, 100 F Street, NE,

Washington, DC 20549-5876. All persons who desire to comment on the Proposed Plan may submit

their comments, in writing, no later than thirty (30) days from the date of this Notice:

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to the Office of the Secretary, United States Securities and Exchange Commission,

100 F Street, NE, Washington, DC 20549-1090;

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by using the Commission’s Internet comment form

(http://www.sec.gov/litigation/admin.shtml); or

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by sending an e-mail to rule-comments@sec.gov.

Comments submitted by email or via the Commission’s website should include “Administrative

Proceeding File No. 3-20537” in the subject line. Comments received will be publicly available.

Persons should submit only information they wish to make publicly available.

THE PROPOSED PLAN

The Net Available Fair Fund2 is currently comprised of the $455,497,588.37 in

disgorgement, prejudgment interest, and civil money penalties paid by the Respondents, plus interest

and income earned thereon, less taxes, fees, and expenses. The Proposed Plan provides for the

distribution of the Net Available Fair Fund to investors who purchased GTV common stock and the

Digital Asset during the applicable Relevant Period and suffered a Recognized Loss as calculated by

the methodology in the Plan of Allocation in the Proposed Plan.

For the Commission, by the Division of Enforcement, pursuant to delegated authority.3

Vanessa A. Countryman

Secretary

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All capitalized terms used herein but not defined shall have the same meanings ascribed to them in the Proposed Plan.

17 C.F.R. § 200.30-4(a)(21)(iii).

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