Global Tech Industries Group Inc (GTII)

[TheFirm]

BLUE SHEETS: let me explain for those of you wondering what they are. Back in the day the SEC would investigate trade patterns. At no point do they tell the member firm WHAT they are investigating, but most of the time it was insider trading/pump and dump. The records were not kept like they are today, they would be on a thing called 'microfiche" and would have to be printed out from trade confirms and statements and sent to SEC.. Big pain and usually newbies at the firm got this boring ,tedious assignment. More importantly, they would take weeks to process. Today, it is all electronic and they give you a week to get it done. Most systems you can pull it up in a matter of minutes. In most cases you could figure out what they are looking for which is a pump and dump: ie. Some guy in Colorado is suddenly buying millions of a stock while a counter party is selling them in Boca. However i have seen where some big time guys suddenly bought/sold huge amounts of options right before a merger, bad news. good news. The format requested for blue sheets has changed over the years and the SEC has become very selective in how you submit the info so they can plug and play it into their computers. Making the assumption that this Goldman fine was related to Short selling, Citadel or anything else is like concluding this information means Hunter Biden was doing trades, Elon Musk had inside info, or APPLE is merging with Amazon.. it's pure fantasy. No more teaching today. Go ahead and flame me.