First Bitcoin Capital Corp (BITCF)

[janice shell]

Let me try to help you understand this one more time.

Today, there was another suspension for cause:

The Commission temporarily suspended trading in the securities of GRUI because of because of questions regarding the adequacy and accuracy of statements in the company’s September 7,2017, press release about the company’s provision of Hurricane Harvey disaster relief, including claims that the company had added a “FEMA approved contractor” to the board of its subsidiary and that the company was currently deploying workers and preparing to deploy a network of mobile broadband trailers to assist with Hurricane Harvey relief efforts in Houston. There are also questions regarding the adequacy and accuracy of other statements made in the company’s prior press releases.

https://www.sec.gov/litigation/suspensions/2017/34-81679.pdf

While the SEC said it had "questions", what it very obviously meant was that the claims made by the company about Hurricane Harvey relief were fraudulent.

It suspects the company has said other things that aren't true as well.

And that is how it works, though suspension notices are rarely that specific.