Thursday, September 22, 2016 11:31:59 AM
On the contrary, it is not speculation at all. The stock was suspended by the SEC for investigation of fraud.
https://www.sec.gov/litigation/suspensions/2016/34-77870-o.pdf
Any SEC suspension for anything other than delinquent financial statements automatically results in a formal investigation. 100% guaranteed. The investigation may or may not result in civil and/or criminal charges, as sometimes the SEC doesn't feel pursuing legal remedies is worth the effort since the ongoing fraud has been stopped by the trading suspension, but there is absolutely no question a formal investigation is underway.
The SEC does not discuss the status of formal investigations with the public. Ever.
https://www.sec.gov/investor/alerts/tradingsuspensions.pdf
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