Green Energy Resources, Inc. (GRGR)

[sunspotter]

Here's why SEC suspended GRGR, for lying in its PRs:

"SEC SUSPENDS TRADING IN SECURITIES OF GREEN ENERGY RESOURCES


UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934

Release No. 62347 / June 22, 2010

IN THE MATTER OF GREEN ENERGY RESOURCES, INC.

The United States Securities and Exchange Commission (Commission) announced the temporary suspension of trading in the securities of Green Energy Resources, Inc. (Green Energy), commencing at 9:30 a.m. EDT on June 22, 2010 and terminating at 11:59 p.m. EDT on July 6, 2010. The Commission temporarily suspended trading in the securities of Green Energy due to lack of current and accurate information concerning the securities of Green Energy because of questions regarding the accuracy of statements by Green Energy in press releases concerning, among other things, the company’s involvement in the Gulf of Mexico oil spill cleanup effort. The order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).

The Commission cautions brokers, dealers, shareholders and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by this company.

Brokers and dealers should be alerted to the fact that, pursuant to Exchange Act Rule 15c2-11, at the termination of the trading suspension, no quotation may be entered relating to the securities of Green Energy unless and until the broker or dealer has strictly complied all of the provisions of the rule. If any broker or dealer is uncertain as to what is required by the rule, it should refrain from entering quotations relating to the securities of Green Energy until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. Any broker or dealer with questions regarding the rule should contact the staff of the Securities and Exchange Commission in Washington, DC at [phone]. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.

If any broker, dealer or other person has any information which may relate to this matter, Jonathan P. Scott of the Fort Worth Regional Office of the Securities and Exchange Commission should be telephoned at [phone]."

http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=GRGR:US&sid=axnRAKMlfsjU