Sunday, December 02, 2012 9:10:16 AM
The Commission acknowledges the assistance of the New York District Attorney's Office in connection with this matter.
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
The Suspension was not merely about GTGP's 'adequacy' issues by the absence of any Financials.
As simply as can be said, the SEC and the District Attorney's Office believe frauds were committed.
Whenever the SEC files civil litigation charges and the New York Attorney's Office files criminal charges it will be most likely about GTGP the public entity purportedly acquiring MSE for GTHI the private, non-public entity, and any Securities Violations that occured, including news releases that likely facilitated the frauds.
GTGP shareholders and / or potential shareholders are absolutely wrong, wrong, wrong to think that Fallacaro can easily fix this situation. It is unconscionable to pound the table asserting that GTGP the stock is a good investment when GTGP the stock is doomed.
To ignore the many warning signs is reckless in every context.
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
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