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Alias Born | 06/21/2006 |
Monday, September 29, 2014 1:00:12 PM
despite any sputtering from the chubby 'n oily one.
http://www.marketwatch.com/story/sec-temporarily-suspends-trading-in-16-firms-2012-09-17
The U.S. Securities and Exchage Commission said that it temporarily suspended trading in the shares of 16 more companies.
The suspensions are part of a broader crackdown this year, which has resulted in a record 609 suspensions so far during 2012.
The SEC has halted trading of numerous noncompliant companies, citing reasons such as a lack of current and accurate information, as it ramps up efforts to crack down on fraud.
The agency has also increased its scrutiny of Chinese companies, amid concerns about the accuracy of their publicly disclosed information.
The latest group of companies facing suspension are: AER Energy Resources Inc. AERN, +0.00% Alto Group Holdings Inc. ALTO, +0.00% BizRocket.com Inc. BZRT, +0.00% Fox Petroleum, Inc. FXPT, -50.00% and Geopulse Explorations Inc. GPLS, +233.33%
Also, Global Technologies Group Inc. GTGP, +100.00% KMA Global Solutions International Inc. KMAG, -30.00% Mike the Pike Productions Inc. MIKP, +0.00%
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
why we cannot get a publicly announced timeline of when this thing will actually be finalized. I could be wrong.
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