On September 24, 2008, the United States Securities and Exchange Commission filed a civil complaint against four individuals and five entities alleging that during 2006 and 2007, they engaged in a scheme to offer and sell millions of shares of penny stock to the public through false and misleading statements, while evading the registration requirements of the federal securities laws. The alleged scheme involved the stock of eCarfly Inc., now known as Market 99 Ltd. Named as defendants are Texas residents Ryan M. Reynolds, Jason W. Brola, and Desmond J. Milligan, and Timothy T. Page, who resides in California. Also named as defendants are Market 99 Ltd., Bella Talia L.P., Testre, L.P., Tryst Capital Group, L.L.C., and Griffdom Enterprises Inc. According to the complaint, Brola approached Reynolds in 2006 seeking to create a publicly-trading company which would sell used automobiles over the Internet and raise funds to operate by selling its shares to investors. Reynolds engaged Page to purchase a shell corporation and to give a controlling position in the shell corporation's stock to Milligan. Milligan became president and CEO of the shell corporation and changed its name to eCarfly Inc. Milligan subsequently caused eCarfly to issue shares to Testre, Griffdom, and Bellatalia. Page, Reynolds, and Brola deposited the shares held in the names of the entities into various brokerage accounts and sold them to the public. The stock sales allegedly were not registered with the Commission. The complaint alleges that, to create public demand for the eCarfly stock that Page, Reynolds, and Brola were selling, eCarfly issued numerous false and misleading press releases about its business operations, which were drafted and distributed by Milligan and Brola. The complaint alleges that, among other things, the press releases falsely claimed that eCarfly had partnerships with major national automobile dealers, that it was operating an internet automobile sales business, that it had substantial expertise in the automotive industry, and that it was opening a finance division. The press releases also allegedly made projections concerning eCarfly's revenues and the price for its stock, which lacked any reasonable basis. The complaint further alleges that eCarfly made later unsuccessful attempts to merge with another company in the Internet automobile sales business. Thereafter, according to the complaint, Milligan and eCarfly engaged in further fraudulent acts by issuing false and misleading press releases about potential mergers between eCarfly and other companies, including an Australian company that was purportedly in the alternative fuels business, while eCarfly continued to issue stock to Bellatalia, Griffdom Enterprises, and Testre, who continued to sell stock to the public in unregistered transactions.

Market 99 Ltd. announced Desmond Milligan will resign the position as CEO/President effective immediately. Mr. Milligan will remain with the company as Chairman of the Board. The company announced Jason Brola as successor of Desmond Milligan. Jason Brola is the newly appointed President and CEO of company.

Market 99 Ltd. changed its OTCPK stock ticker symbol to MNTY.PK from MNTY.