Fortitude Group, Inc. (FRTD)

[Sifu Windu]

Suspended Trading

A situation in which trading on a security is halted, usually for about half an hour, but sometimes longer, by the exchange's management or by regulators. Trading on a security is suspended usually in order to discourage volatility. For example, suspended trading may occur for the period immediately around a major announcement by the company's management that may cause the price to unsustainably rise or fall. Likewise, the SEC may suspend trading on a security if it is thought to be engaged in illegal activities.

Farlex Financial Dictionary. © 2012 Farlex, Inc.


Tom stating he buyout price of at least .12, would put this stock on suspension, because it has the potential to increase he stock share price without adequate documentation.. LOI with non disclosure agreement. SO SEC is just protecting the investors here. ON or june 6th we'll see what happens.

SEC didnt'want traders buying in on unreliable information.

GL GO FRTD